Crypto.com adds pack-ripping product through Crypto.com Rips
Crypto.com has launched Crypto.com Rips, a product covering prediction markets, stocks, or perpetual contracts, according to a brief description. The offering follows a similar pack-ripping launch by OG.com, a platform Crypto.com spun out and operates. OG.com offers both prediction markets and leveraged crypto derivatives through a dual product line. No further details on Crypto.com Rips' structure, launch date, or specific markets offered were disclosed in available material.
OG.com already runs prediction markets and crypto perpetuals under one regulated entity. Crypto.com Rips adds a third product type. That vertical integration lets Crypto.com capture more trading fee revenue than rivals who rely on partnerships. But High Roller already depends on Crypto.com FCM for customer fund custody. Adding another front-facing product strains the same back-end plumbing.
Flash crashes or custody failures at the FCM level would hit multiple user bases at once. Crypto.com is also suing Missouri alongside Novig to defend event-contract access. A loss there would constrain OG.com's domestic expansion. Rips must prove it can attract volume without diverting compliance resources from that fight.