Crypto.com Spins Out Standalone Prediction Markets Platform After 40x Development Surge

[ad_1] Crypto exchanges spent the previous yr racing into CFD buying and selling and tokenized equities. Now they're looking prediction markets.

Crypto.com formally launched OG this week, a consumer-facing prediction markets platform that enables customers to guess on real-world outcomes starting from Tremendous Bowl winners to financial knowledge releases. The app went reside following six months of fast growth in Crypto.com's prediction markets enterprise, which grew 40 instances week-over-week throughout that interval.

The corporate is now splitting off the product right into a separate model aimed toward competing in what it describes as a multibillion-dollar sector. The transfer comes after crypto platforms more and more challenged conventional CFD brokers all through 2025 by increasing into foreign exchange, commodities, and inventory indices.

Kris Marszalek, co-founder and CEO of Crypto.com, mentioned the corporate goals to duplicate its cryptocurrency branding success in prediction markets. "Our aim is to set up OG because the premier sports activities prediction market expertise with the very best buyer expertise," he mentioned.

Crypto Exchanges Bundle Merchandise Past Digital Belongings

Main crypto platforms have aggressively expanded their product ranges over the previous yr. Gate.io added CFD buying and selling on gold, foreign exchange, and equities in January 2026. MetaMask reached 1 billion {dollars} in spot buying and selling quantity after including over 200 tokenized shares in early February.

Robinhood launched help for greater than 200 tokenized U.S. equities in European markets final summer time, whereas Coinbase sought SEC approval to supply blockchain-based shares as a part of its push towards turning into an "everything-exchange".

Analysts have argued that self-custody fashions and blockchain infrastructure might finally disrupt conventional retail buying and selling platforms which have dominated foreign exchange and CFD markets for many years.

Crypto.com’s OG Provides Social Options and Plans Margin Contracts

OG operates by way of Crypto.com Derivatives North America (CDNA), a CFTC-registered trade and clearinghouse that Crypto.com acquired in 2022. The platform presents occasion contracts regulated by the Commodity Futures Buying and selling Fee throughout sports activities, politics, finance, and leisure classes.

Customers can commerce on chances aggregated from market exercise, which the platform shows as repeatedly up to date forecasts. The app contains social capabilities that permit members join with different merchants, share predictions, and monitor efficiency on a leaderboard.

OG plans to introduce margin buying and selling by way of Crypto.com's federally licensed futures fee service provider, which might make it the primary prediction markets platform to supply leveraged contracts. The characteristic is topic to CFTC certification.

Competitors Intensifies for Prediction Market Customers

Coinbase entered prediction markets in December 2025 as platforms more and more bundled a number of monetary merchandise in single interfaces. Backpack launched a unified account system in January 2026 to consolidate prediction contracts from a number of sources.

Bitget Pockets researchers not too long ago argued that wallets are turning into the first battleground for prediction market entry as competitors shifts from liquidity provision to consumer interface management.

Crypto.com first entered regulated derivatives in late 2024 when CDNA turned the primary platform to supply CFTC-approved sports activities occasion contracts. The corporate expanded its licenses in October 2025 by securing approval to supply cleared margined derivatives on cryptocurrencies and different property.

Management and Market Positioning

Nick Lundgren, who serves as Crypto.com's chief authorized officer, was named CEO of OG. Lundgren led the acquisition of CDNA in 2022 and oversaw the platform's entry into sports activities contracts as president of the trade.

"Crypto.com was the primary firm to supply federally licensed sports activities prediction contracts in the USA, so launching OG could be very becoming," Lundgren mentioned. "We see an enormous alternative to offer followers with an all-encompassing platform the place it pays to be proper."

The platform is initially targeted on the U.S. market however plans worldwide growth within the close to future. OG is accessible by way of iOS and Android apps as properly as an online interface at OG.com.

This text was written by Damian Chmiel at www.financemagnates.com. [ad_2] Source link

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