Robinhood Expands into Prediction Markets, Stock Soars

Robinhoods partnership with Susquehanna International Group to acquire LedgerX, a regulated crypto exchange, has sent the companys stock soaring. This move, along with their existing involvement in prediction markets through Kalshi, positions Robinhood to capitalize on the booming market. The acquisition will allow Robinhood to offer futures, options, and swaps, further expanding their product line.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.