**[Robinhood to Launch New Derivatives Exchange to Drive Prediction Market Development]** Odaily Planet Daily News – Robinhood announced that it will partner with Susquehanna International Group (SIG) to establish a new joint venture to launch a futures and derivatives exchange and clearinghouse, further deepening its presence in the prediction market sector. In a statement released on Tuesday, Robinhood said the joint venture will be majority-owned by Robinhood Markets Inc. and plans to acquire MIAXdx, a Derivatives Clearing Organization, and a Swap Execution Facility from Miami International Holdings (MIAX). MIAXdx is a designated contract market authorized by the Commodity Futures Trading Commission (CFTC). According to the plan, MIAX will retain a 10% equity stake in the new exchange. Susquehanna will serve as the "day-one liquidity provider," with additional liquidity partners expected to join later. The new exchange is expected to offer futures and derivatives products, including prediction markets, and is scheduled to begin operations in 2026. JB Mackenzie, Robinhood's Vice President and General Manager of Futures and International Business, stated that Robinhood has observed strong demand from customers for prediction markets. He added that investments in infrastructure will enable the company to provide customers with a better experience and more innovative products. Robinhood noted that prediction markets have become its fastest-growing product line by revenue, with over 1 million customers trading more than 900 million contracts to date. In March, Robinhood partnered with Kalshi to launch a prediction market hub within its app through Robinhood Derivatives, covering areas such as U.S. politics, macroeconomic indicators, and sports. (TheBlock)