Robinhood, Susquehanna take over exchange LedgerX in prediction markets push [Yahoo! Finance Canada]
Miami International Holdings, Inc. (MIAX)
Company Research
Source: Yahoo! Finance Canada
The companies are acquiring a 90% stake in LedgerX, ?which was a part of now-defunct crypto exchange FTX. The platform began operating under the MIAX umbrella after parent company Miami International Holdings acquired LedgerX from the FTX bankruptcy proceedings in 2023 for $50 million. "Robinhood is seeing strong customer demand for prediction ?markets, and we're ?excited to build on that momentum," said JB Mackenzie, vice president and general manager of futures and international at ?Robinhood. Robinhood said that following the transaction, it will introduce a futures and derivatives exchange and clearinghouse, in a joint venture with Susquehanna. Financial details of the transaction were not ?disclosed, but MIAX will continue to hold a 10% stake in LedgerX. The ?moves come at a time when the business of prediction markets is attracting unprecedented mainstream interest in the U.S. Prediction markets have received a major boost since a U.S. federal court dismissed a CFTC prohi
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MIAX
News
- Miami International Holdings Reports Trading Results for November 2025PR Newswire
- Miami International Holdings Reports Trading Results for November 2025PR Newswire
- Robinhood is pushing deeper into the booming prediction markets, and its stock is surging [Business Insider]Business Insider
- Robinhood Acquires LedgerX to Expand Prediction Markets Amid Overwhelming Growth [Yahoo! Finance]Yahoo! Finance
- Miami International Holdings Announces Sale of MIAXdx to Robinhood Markets in Partnership with Susquehanna International GroupPR Newswire
MIAX
Earnings
- 11/5/25 - Beat
MIAX
Sec Filings
- 11/26/25 - Form 8-K
- 11/26/25 - Form SCHEDULE
- 11/7/25 - Form 10-Q
- MIAX's page on the SEC website