Robinhood Partners with Susquehanna to Launch Futures Exchange in Push into Prediction Markets
Robinhood is making a strategic MOVE into prediction markets through a joint venture with trading heavyweight Susquehanna International Group. The partnership will launch a CFTC-regulated futures and derivatives exchange by 2026, leveraging Robinhood's acquisition of MIAXdx from Miami International Holdings.
Susquehanna will serve as the day-one liquidity provider for the platform, where Robinhood retains 90% control. The deal positions the retail trading platform to compete in event-based trading—a sector gaining traction across both traditional finance and crypto markets.
"We're seeing strong demand for tools that let traders engage with real-world outcomes," said JB Mackenzie, Robinhood's VP of Futures and International. The expansion follows growing retail interest in derivatives tied to cryptocurrencies like BTC, ETH, and SOL.