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Robinhood routes selected World Cup contracts through its Rothera exchange

Deals & M&A

Robinhood said on 4 June that it would route selected FIFA World Cup event contracts through Rothera, its exchange and clearinghouse operated through a joint venture with Susquehanna International Group. The company said it was also routing selected Major League Baseball contracts through Rothera and planned to add more events over time; the move could affect contract volumes sent to Kalshi.

The routing change may alter the event-contract business Robinhood sends to Kalshi.

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