Rothera processed 3.5 billion contracts for Robinhood's prediction market in Q2
Rothera Exchange processed more than 3.5 billion prediction market contracts in Q2 2026 while powering Robinhood's prediction market exchange. The infrastructure provider holds dual registration as both a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). The figure surfaced during Rothera's appearance at Sui's Basecamp event, where the company discussed its broader strategic infrastructure role.
Robinhood now has hard numbers to weigh its dual sourcing strategy against. The platform routes volume through both Kalshi and its Rothera joint venture, and 3.5 billion contracts gives Robinhood leverage in revenue-share talks with each supplier. Kalshi faces pressure from two directions: Robinhood's contract demands and DraftKings building its own full stack through DKeX.
Vertical integration looks cheaper every quarter a brokerage leans on outside exchange infrastructure. Rothera's DCM and DCO registrations give Robinhood a compliance backstop if Kalshi relations sour. The platform that offers Robinhood better economics will set the template for how brokerages source prediction markets. This volume makes Rothera's case stronger than any pitch deck.