Robinhood and Susquehanna are building their own prediction exchange on LedgerX
Robinhood and Susquehanna are buying 90% of LedgerX, a regulated derivatives exchange formerly owned by FTX, giving them in-house infrastructure for listing and clearing event contracts
🟠 Demand for event contracts is surging — Robinhood clients executed 2.3bn such trades in Q3 2025
🟠 More than half of Kalshi’s volume was driven by Robinhood traffic
🟠 Now Robinhood will promote its own prediction products directly, while Susquehanna will act as a core liquidity provider from day one.
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