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Robinhood and Susquehanna acquire 90% stake in LedgerX to enter U.S. prediction-markets space
Robinhood and Susquehanna bought 90% of LedgerX to launch a U.
Robinhood Markets and Susquehanna International Group agreed to acquire a 90% stake in derivatives exchange LedgerX, with remaining 10% retained by Miami International Holdings. LedgerX, previously part of bankrupt FTX and sold to MIAX in 2023 for about $50 million, will form the basis of a new futures and derivatives exchange and clearinghouse, with operations slated to start in 2026.