Crypto.com Launches Prediction Markets Platform in the US
Crypto.com has launched OG, a new standalone platform focused on prediction markets, allowing users to trade on the outcomes of real-world events.
- Crypto.com has launched OG, a new U.S.-based prediction markets platform offering regulated event contracts.
- The platform covers sports and other real-world outcomes, with prices reflecting market probabilities.
- OG is launching in the U.S. first, with global expansion planned later.
The platform is rolling out first in the United States and operates under existing U.S. derivatives regulation.
OG is offered through Crypto.com | Derivatives North America, a CFTC-registered exchange and clearinghouse affiliated with Crypto.com. This setup enables OG to list federally regulated event contracts rather than traditional betting products, placing it closer to derivatives markets than sportsbooks.
At launch, OG supports contracts tied to major sports competitions, including high-profile U.S. events, alongside markets linked to economic indicators, political outcomes, and entertainment releases. Contract prices move continuously, reflecting how participants are pricing the probability of each outcome based on trading activity.
Focus on Regulated Prediction Markets
Crypto.com has been gradually expanding its presence in regulated prediction markets, particularly after launching federally licensed sports event contracts in late 2024. According to the company, activity in this segment has increased sharply in recent months, prompting the decision to separate the offering into a dedicated platform.
Unlike conventional betting apps, prediction markets allow users to take positions on outcomes using standardized contracts that settle based on verified results. Supporters argue that such markets can act as real-time forecasting tools, while critics have raised concerns about leverage, risk management, and the overlap with financial speculation.
Platform Features and Leadership
OG includes basic social elements, such as public leaderboards and the ability to follow other users’ positions, though trading remains the core function. Access is available through mobile apps and a web interface.
The platform is led by Nick Lundgren, who also serves as chief legal officer at Crypto.com and previously led the company’s U.S. derivatives expansion. Crypto.com co-founder and CEO Kris Marszalek said the standalone launch reflects the company’s broader strategy of building regulated financial products beyond spot crypto trading.
U.S. Launch, Global Expansion Later
OG is headquartered in the United States and is currently limited to U.S. users. Crypto.com said it plans to expand the platform internationally over time, subject to regulatory approvals in other jurisdictions.
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