Robinhood launches World Cup contracts through Rothera

Prediction Markets

Beginning today, customers can trade World Cup event contracts on Robinhood with prediction markets for individual matches, group and tournament winners, spreads, totals, player contracts, and combos.

These contracts are rolling out now and will be available to all eligible customers in the coming days.

It’s also a major milestone for Robinhood’s prediction markets business, as Robinhood routes event contracts to Rothera, a CFTC-licensed exchange and clearinghouse independently managed through Robinhood’s joint venture with Susquehanna International Group.

For now, Robinhood is sending a selection of World Cup and professional baseball contracts to Rothera, and will scale over time to include additional events.

“The World Cup is a global phenomenon and is the perfect event to launch Rothera,” said JB Mackenzie, VP and GM of Futures and Prediction Markets at Robinhood. “We’re now delivering even more value for customers as we continue on our mission to make Robinhood the best place to trade prediction markets.”

“This is a foundational milestone for us to launch a purpose-built exchange and clearinghouse for the fast-growing prediction markets,” said Thomas Chippas, CEO of Rothera. “While still early days, our goal is to provide the technology, regulatory certainty, and risk management framework needed to support broad participation from both retail and institutional participants. The World Cup marks the first step in that journey, and we look forward to helping shape the future of prediction markets as an asset class.”

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