Core Insights - Miami International Holdings, Inc. (MIAX) has announced an agreement to sell 90% of MIAX Derivatives Exchange (MIAXdx) to Robinhood Markets, Inc. while retaining a 10% stake [1][3] - The transaction aims to provide MIAX with expedited access to growing prediction markets, aligning with its strategy of partnering with industry leaders [3] Company Overview - MIAX operates as a technology-driven leader in regulated financial markets, managing nine exchanges across various asset classes including options, futures, and equities [4] - MIAXdx is recognized as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) with regulatory approval from the Commodity Futures Trading Commission (CFTC) [2] Strategic Implications - The partnership with Robinhood is seen as a logical step for MIAX to enhance its offerings in prediction markets, catering to both institutional and retail futures traders [3] - The transaction is expected to close in the first quarter of 2026, pending customary closing conditions and CFTC filings [3]