Robinhood & Susquehanna Team Up for Major LedgerX Acquisition, Aiming to Dominate Crypto Derivatives

A groundbreaking acquisition has sent ripples through the cryptocurrency landscape as Robinhood and Susquehanna International Group are partnering to acquire a controlling stake in LedgerX. This strategic move signals a significant shift in institutional confidence towards crypto derivatives markets. 90% of LedgerX ownership will be acquired by the companies, positioning Robinhood as the primary operator while Susquehanna provides crucial liquidity support.