Robinhood has acquired MIAXdx and will launch a new futures and derivatives trading platform next year
BlockBeats News, November 26th, Stock and cryptocurrency trading platform Robinhood is launching a futures and derivatives exchange and clearinghouse, deepening its investment in the prediction markets. Through a partnership with Susquehanna, it has established a new, independently operated joint venture, with Robinhood Markets, Inc. as the majority partner, providing retail demand and distribution channels. Market maker Susquehanna International Group is a key partner and initial liquidity provider on day one, with plans to onboard additional liquidity providers in the future. The joint venture will accelerate its service delivery through the acquisition of MIAXdx.
MIAXdx is a designated contract market (DCM), derivatives clearing organization (DCO), and swap execution facility (SEF) licensed by the U.S. Commodity Futures Trading Commission (CFTC) and a wholly-owned subsidiary of Miami International Holdings, Inc. (MIAX) (NYSE: MIAX). MIAX will continue to hold a 10% strategic equity interest in the exchange. This independent joint venture will offer futures and derivative products to futures commission merchants (FCMs) platforms, including prediction markets, expected to commence operations in 2026.
You may also like

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

Why is OpenAI playing catch-up to Claude Code instead?

Vitalik wrote a proposal teaching you how to secretly use AI large models

The doubling of Circle's stock price and the paradigm shift of stablecoins

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
