Retail brokerage Robinhood has announced a “landmark multi-year partnership” that involves OG.com becoming an infrastructure and clearing provider for Robinhood’s prediction markets offering.
As part of the new deal, Robinhood will route retail event contract volume through OG.com’s exchange and clearinghouse infrastructure, which are regulated by the Commodity Futures Trading Commission.
Crypto.com, which created OG.com in early 2026 before spinning it off as a standalone business, said the agreement was OG.com’s largest B2B partnership in terms of transaction volume.
OG.com achieved a $5bn standalone valuation as part of Citadel Securities’ $400m July investment which valued Crypto.com at $20bn.
Robinhood will “hold initial equity stakes” in Crypto.com and OG as part of the deal, priced in line with the Citadel investment.
The introduction of OG.com-backed event contracts to the Robinhood app will be a phased process to eligible US customers from today, 8 September.
Crypto.com said the agreement expanded Robinhood’s capacity, with the latter now able to handle “institutional-grade liquidity”, instant clearing, and a wider range of contracts.
By “separating from the core digital asset exchange infrastructure”, OG can operate as an independent company with specific capital allocation, according to Crypto.com.
Kris Marszalek, founder and CEO of Crypto.com and OG.com, said: “We’re looking forward to making OG.com the most liquid venue globally for innovative derivative instruments, starting with prediction markets and quickly expanding into futures and perpetuals.”
JB Mackenzie, vice-president and general manager of futures and prediction markets at Robinhood, added: “Teaming up with Crypto.com and OG.com strengthens our position as a leader in the prediction markets space and gives us even more skin in the game.
“Prediction markets are becoming an increasingly meaningful way for investors to engage with the events they care about, and this deal helps us meet our growing customer demand.”
Robinhood stock surged 17% on 4 September after a series of favourable analyst notes referencing its prediction markets opportunity ahead of the new NFL season helped the Nasdaq-listed firm hit a 2026 high of almost $125 a share.
In January, Robinhood teamed up with quantitative trading firm Susquehanna to snap up a 90% stake in Miami International Holdings derivatives exchanges (MIAX). Robinhood holds a 45% stake in the Rothera JV.
Last month, Flutter announced that all sports and novelty event contracts on FanDuel Predicts would move from CME Group to Crypto.com. The platform also added to its list of partners in July with a non-binding letter of intent signed by Prospect Markets.
Crypto.com has lost some key personnel in recent months; OG CEO Nick Lundgren left for Underdog in May, while managing director of sports and prediction markets Chris Fargis stepped down in July.
In a decision holding significance for the whole prediction markets industry, a federal appeals court unanimously backed the state of Nevada against Kalshi, which vehemently argues federal commodities law supersedes sports betting regulations.
The post Robinhood strikes prediction markets deal with Crypto.com spinoff OG.com first appeared on EGR Intel.
Robinhood to route volume through standalone trading platform valued at $5bn and take initial equity stakes in both companies
The post Robinhood strikes prediction markets deal with Crypto.com spinoff OG.com first appeared on EGR Intel.