Robinhood Markets, Inc. launched on Thursday the World Cup prediction markets via Rothera, a new exchange jointly owned by Robinhood and Susquehanna International Group.
According to the company, Rothera will handle contracts tied to individual matches, group and tournament winners, player performance, spreads, player contracts, and combos. Robinhood also stated that the contracts will be available to all eligible customers in the coming days.
"The World Cup is a global phenomenon and is the perfect event to launch Rothera. 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," VP and GM of Futures and Prediction Markets at Robinhood, JB Mackenzie, noted.
https://breakingthenews.net/Article/Robinhood-launches-World-Cup-prediction-markets/66439719
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