Robinhood: Prediction markets are becoming the platform's fastest-growing revenue-generating business.

According to Mars Finance, on November 26th, Robinhood stated that prediction markets have become one of its fastest-growing revenue lines and plans to expand this business by launching a futures and derivatives exchange and clearinghouse. In a statement released Tuesday, Robinhood said that since launching its prediction markets in March in partnership with prediction market platform Kalshi, over 1 million users have traded 9 billion contracts. JB Mackenzie, General Manager of Futures and International Business at Robinhood, said the platform "sees strong user demand for prediction markets, and we are excited to continue building on this momentum." Robinhood stated that it will further increase its investment in the prediction markets space, including building a futures and derivatives exchange and clearinghouse, to deepen its presence in the prediction markets. "Our investment in infrastructure will enable us to deliver a better experience and more innovative products to our customers," Mackenzie added. Robinhood plans to launch its derivatives exchange in 2026, with Robinhood as the controlling partner and market maker, and Susquehanna International Group (SIG) as the first-day liquidity provider. As part of this business, Robinhood will also acquire MIAXdx, a derivatives clearing and swaps execution firm licensed by the U.S. Commodity Futures Trading Commission (CFTC). Robinhood stated that the derivatives exchange is expected to begin operations in 2026.