Robinhood's Diversification: Beyond Broker and Crypto Exchange

Roger S. Khan's Susquehanna International Group acquired a joint venture called Rothera, which includes infrastructure from a US Commodity Futures Trading Commission (CFTC)-licensed exchange and clearing organization.

Robinhood has been redefining its services beyond being just a broker or a crypto exchange. In 2026, the platform saw 13.6 billion prediction market contracts traded, with transaction-based revenue exceeding $150 million in that quarter alone.

This is more than what Robinhood earned from stock trading or crypto trading individually, making it clear that the company has diversified into other areas beyond its core services.