Robinhood snaps up 90% of MIAX Derivatives Exchange in prediction market push

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Robinhood has smelt the blood within the water and has begun to maneuver fairly quickly to increase its prediction market choices. At present partnered with Kalshi, Robinhood has made fairly a splash within the business.

New experiences have begun to floor as Robinhood purchased up 90% of MIAX Derivatives Trade. MIAX itself will maintain 10%, however that is to permit Robinhood to develop what it may supply on the prediction market side of its business.

MIAXdx will give the enterprise a contract market and clearinghouse, establishing Robinhood in a stable place as prediction markets turn out 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 firms to offer their providers by means of 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 trade and clearinghouse, deepening our funding in Prediction Markets and higher positioning us to ship modern 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 virtually any sort of playing in all 50 states, no matter state legal guidelines.

The transfer comes as extra rivals seem within the area. 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 a good higher expertise and extra modern merchandise for purchasers.”

The corporate plans to launch its expanded prediction market choices in 2026.

Featured picture: Robinhood

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