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Robinhood Partners With Crypto.com And OG.com To Expand Prediction Markets

Robinhood Partners With Crypto.com And OG.com To Expand Prediction Markets

Robinhood has entered into a strategic partnership with Crypto.com and OG.com that will expand the venues used to route prediction-market contracts, beginning with football event contracts.

Starting September 8, Robinhood began routing a selection of football contracts to the CFTC-regulated exchange and clearinghouse associated with Crypto.com. The platform operates in the Crypto.com app as Crypto.com | Derivatives North America and through the separate trader-focused OG.com platform.

As part of the agreement, Robinhood Markets will receive equity stakes in Crypto.com and OG.com following OG.com’s spinoff as an independent trading platform. The equity will be priced in line with Citadel Securities’ recent investment in…

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