Robinhood & Susquehanna Invest in Prediction Markets

Robinhood and Susquehanna Acquire Major Stake in LedgerX, Poised to Enter Prediction MarketsRobinhood Markets and Susquehanna International Group have made a significant move into prediction markets by acquiring a large stake in LedgerX, a regulated exchange formerly part of FTX. This deal positions them as key players in the growing area, with Robinhood planning to introduce a futures and derivatives exchange and clearinghouse in a joint venture with Susquehanna. The move comes as prediction markets gain attention in the US, with other major players like CME Group and CBOE also showing interest.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.