Robinhood moves into prediction markets with FTX-linked acquisition

Robinhood has made a strategic move into the prediction market by acquiring LedgerX, a platform previously associated with FTX, in collaboration with market-making firm SIG. This acquisition is expected to enhance Robinhood's offerings in the growing prediction market sector, which has seen increased interest and participation recently.

Robinhood has experienced significant growth in its prediction markets since their launch in March, with over nine billion contracts traded by more than one million users, marking it as the company's fastest-growing revenue source.

Nevada's recent ruling has challenged the prevailing theories surrounding prediction markets, particularly those associated with Kalshi, a regulated platform for event contracts. This decision could reshape the landscape of prediction markets by setting new legal precedents.

Polymarket has received official authorization from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a fully regulated prediction market platform in the United States, marking a significant milestone for the company. This approval allows Polymarket to resume its operations after a period of regulatory uncertainty.

Polymarket has received regulatory approval to operate its trading platform in the United States, coinciding with the US Senate's impending vote on Michael Selig's nomination as the new chair of the Commodity Futures Trading Commission (CFTC), replacing acting chair Caroline Pham.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to operate its prediction market platform in the United States, marking its official return under full regulatory compliance. This development follows a period of uncertainty regarding the regulatory landscape for cryptocurrency platforms in the U.S.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to launch regulated prediction markets in the United States, marking a significant milestone for the platform's operations. This approval allows Polymarket to operate under full regulatory compliance, enhancing its legitimacy in the cryptocurrency sector.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to operate a regulated prediction market platform in the United States, marking a significant step towards its formal reopening in the U.S. market. This approval allows Polymarket to establish a fully regulated exchange structure, enhancing its compliance with U.S. regulations.