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Robinhood and Susquehanna acquire a majority stake in LedgerX to enter the prediction market.

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[Robinhood and Susquehanna acquisition of majority stake in LedgerX to enter prediction market] Robinhood Markets Inc. and Susquehanna International Group are acquiring a majority stake in LedgerX. LedgerX is a derivatives exchange based in the United States, previously owned by FTX, and is currently operated by Miami International Holdings Inc. This acquisition will provide Robinhood and Susquehanna with a strong new foothold in the rapidly growing prediction market space, as the two companies are ramping up their arms race in prediction markets.

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