In the United States, retail trading platform Robinhood Markets said it will route some football event contracts through OG.com, a federally regulated exchange. The company will also acquire stakes in OG.com and its former parent structure, Crypto.com, expanding its operations in the prediction market.

Investments and football contracts

According to Channel NewsAsia, citing Reuters, the value of the stakes will be determined in line with Citadel Securities’ recent investment in Crypto.com. Crypto.com is valued at $20 billion as part of the deal, with $5 billion attributed to OG.com, which was recently spun off from Crypto.com’s…