Deals
Robinhood strikes prediction-markets deal with Crypto.com and OG.com
Robinhood Markets agreed to add Crypto.com’s yes-or-no contracts to its platform and take equity stakes in Crypto.com and its OG.com prediction-markets business, according to reports September 8. The deal routes event-contract volume through OG.com’s CFTC-regulated infrastructure.
Why this matters?
Robinhood now routes prediction volume through multiple partners including OG.com after taking equity stakes. Any regulatory or operational issue at Crypto.com’s stack would affect immediate volume across partners. Direct CFTC licensees like Kalshi can contrast their self-owned licenses against this partner-chain dependency as the NFL season begins.
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