Robinhood acquires 90% stake in LedgerX to launch prediction market platform. HOOD stock climbs 8% to $125. Partnership with Kalshi for event contracts. Bernstein believes LedgerX acquisition is move to offer event contracts. MIAX has regulatory approval for futures and options. Transaction with MIAX to close in Q1 2026.
Robinhood and MIAX partnership aims to enter prediction markets. MIAX CEO sees strategic alignment for growth in prediction markets. HOOD stock rises 8% to $125 after announcement. MIAX approved by CFTC for futures and options. Transaction with MIAX to expedite entry into prediction markets.
HOOD stock jumps 8% to $125 post-LedgerX acquisition. Robinhood eyes all-time high of $153. Expansion of prediction market offerings outside U.S. Grayscale Files to Launch Zcash ETF after 1,000% price surge. MIAX acquisition to boost prediction markets growth.
Read more at Yahoo Finance: Robinhood Stock Rises Following Deal That Could Boost Its Prediction Market Push
