Robinhood is betting on itself. actually.
The corporate has began routing some FIFA World Cup occasion contracts via Rothera, a derivatives trade co-owned with Susquehanna Worldwide Group, relatively than relying fully on Calci. The transfer covers particular person match outcomes, general match winners and whole aim contracts.
Robinhood shares rose greater than 6% following the announcement.
Why Robinhood is constructing its personal trade
Following CFTC approval, Rosella started self-certifying its soccer occasion contracts in Might 2026 and submitted an utility for certification of 4 particular soccer contracts on Might 28. Rossella not too long ago reported weekend buying and selling quantity of over $2 million. Robinhood beforehand processed roughly 3 billion occasion contracts every month and generated roughly $30 million in income every month.
Robinhood entered the prediction markets area in early 2025 via its partnership with Carsi, initially specializing in NFL and school soccer contracts. In November 2025, Robinhood, along with Susquehanna Worldwide Group, acquired a majority stake in LedgerX Trade, which was subsequently rebranded to Rothera. CEO Vlad Tenev highlighted Rosella's plans for a Q2 2026 launch throughout a latest earnings name, noting the advantages of getting a completely built-in market platform in comparison with earlier rate-sharing preparations with companions.
The World Cup as a stress take a look at
The 2026 FIFA World Cup might be held in the US, Canada, and Mexico. Not every part migrates from Karshi. Some World Cup contracts will stay on third-party exchanges whereas Robinhood evaluates Rossella's efficiency in reside phrases.
