Robinhood has announced plans to acquire a 90% stake in MIAX Derivatives Exchange (MIAXdx) through a joint venture with Susquehanna International Group. The acquisition, set to finalize in the first quarter of 2026, will provide Robinhood with control over a CFTC-licensed exchange and clearinghouse. This strategic move will allow Robinhood to list, execute, and clear its own event contracts and crypto derivatives. The acquisition comes as Robinhood experiences significant growth in prediction markets, with over 9 billion contracts traded by more than 1 million users since the launch of its prediction market product. This expansion into derivatives is expected to enhance Robinhood's offerings and market presence.