Robinhood has smelt the blood within the water and has begun to maneuver fairly quickly to broaden its prediction market choices. At the moment partnered with Kalshi, Robinhood has made fairly a splash within the business.
New reviews have begun to floor as Robinhood purchased up 90% of MIAX Derivatives Change. MIAX itself will hold 10%, however that is to permit Robinhood to develop what IT can provide on the prediction market facet of its enterprise.
MIAXdx will give the enterprise a contract market and clearinghouse, establishing Robinhood in a stable place as prediction markets grow to be the brand new playing hotspot.
Earlier in November, Robinhood reported that prediction markets now make $100 million a yr for the corporate. IT additionally mentioned IT wouldn’t construct its personal prediction market, however as an alternative construct ties with different corporations to offer their companies by Robinhood’s personal app.
Kalshi integration with Robinhood has seen over 2.3 billion contracts traded within the September quarter. Now, IT’s seeking to do issues itself by shopping for up the instruments required for the business.
Robinhood dives into prediction markets as extra be a part of the enjoyable
Robinhood is introducing a brand new futures and derivatives alternate and clearinghouse, deepening our funding in Prediction Markets and higher positioning us to ship progressive merchandise to our clients.
Extra in our newsroom: https://t.co/Hqv6EMXZiD pic.twitter.com/JXDkp3c2Tr
— Robinhood (@RobinhoodApp) November 25, 2025
Prediction markets aren’t regulated like playing. Regardless of being primarily simply playing, together with sports activities, IT’s vetted by the Commodity Futures Buying and selling Fee (CFTC). This permits Robinhood, Kalshi, and Polymarket to supply nearly any kind of playing in all 50 states, no matter state legal guidelines.
The transfer comes as extra opponents seem within the house. Crypto.com has now begun to supply prediction markets, and Coinbase is gearing as much as do the identical.
Talking within the press release on the transfer, Robinhood VP and Basic Supervisor of Futures and Worldwide, JB Mackenzie, mentioned:
“Robinhood is seeing robust buyer demand for prediction markets, and we’re excited to construct on that momentum.
“Our funding in infrastructure will place us to ship an excellent higher expertise and extra progressive merchandise for purchasers.”
The corporate plans to launch its expanded prediction market choices in 2026.
Featured picture: Robinhood
The publish Robinhood snaps up 90% of MIAX Derivatives Change in prediction market push appeared first on ReadWrite.
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