The infrastructure test could give Robinhood greater autonomy and higher profitability in derivatives trading while testing existing prediction-market partnerships.
Robinhood is shifting its World Cup prediction market infrastructure from Kalshi to Rothera in a move that the report says could reshape its market strategy. The World Cup test is framed not only as a challenge to existing partnerships and regulatory norms in U.S. prediction markets, but also as a step that could increase Robinhood's autonomy and profitability in derivatives trading.