Robinhood and Susquehanna acquire majority stake in LedgerX to enter the prediction market
ChainCatcher news, according to Bloomberg, Robinhood Markets Inc. and Susquehanna International Group are acquiring a majority stake in LedgerX. LedgerX is a US-based derivatives exchange that was previously owned by FTX and is currently operated by Miami International Holdings Inc. This acquisition will provide Robinhood and Susquehanna with a strong new foothold in the rapidly growing prediction markets sector, as both companies are ramping up their competition in the prediction market arms race.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Merlin Chain is about to undergo a mainnet upgrade, with an expected downtime of 12 hours.
