Global Stock News

CRO Rockets as Robinhood Takes Stakes in Crypto.com and OG.com

CRO Rockets as Robinhood Takes Stakes in Crypto.com and OG.com


Robinhood has selected OG.com as an infrastructure and clearing partner for its prediction markets business.

Robinhood is expanding its push into prediction markets through a new multi-year partnership with OG-com, the recently spun-off trading platform from Crypto.com.

Under the agreement, announced minutes ago, Vlad Tenev’s company will route retail event-contract volume through OG.com’s CFTC-regulated derivatives exchange and clearing infrastructure. The rollout begins on September 8 for eligible US customers.

The joint statement reads that this will be OG.com’s largest business-to-business prediction-markets partnership by transaction volume.

Additionally,…

Source link

Share this article

Scroll to Top