Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

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Robinhood has acquired LedgerX, a former FTX platform, in a move that raises the stakes for competitors in the prediction market space, particularly Polymarket and Kalshi.

Market Impact

Market impact analysis based on bullish sentiment with 75% confidence.

Sentiment
Bullish
AI Confidence
75%

Article Context

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Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.

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Original article published by Unknown on November 26, 2025.
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