Robinhood partners with Crypto.com and OG.com to expand prediction markets

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Robinhood has partnered with Crypto.com and OG.com to expand prediction markets, with football event contracts being routed to OG.com starting September 8. OG.com, a CFTC-regulated exchange under Crypto.com, will operate as an independent platform, with Robinhood holding an equity stake. This valuation follows Citadel Securities’ $20 billion investment in Crypto.com Group. Robinhood also plans to launch a U.S. midterm election section with real-time dashboards this fall. Altcoins to watch may benefit from increased market activity, while the Fear & Greed Index reflects growing trader confidence.

ChainThink reports that on September 9, according to an official announcement from Robinhood, it has partnered with Crypto.com and OG.com to jointly expand prediction markets.

Starting September 8, Robinhood will route certain NFL event contracts to OG.com, a CFTC-regulated exchange and clearinghouse under Crypto.com.

As part of the agreement, Robinhood will hold equity in both companies after OG.com spins off from Crypto.com as an independent trading platform.

Pricing is based on Citadel Securities' recent investment in Crypto.com Group at a $20 billion valuation.

In addition, Robinhood will launch a dedicated section for the U.S. midterm elections, offering real-time dashboards with data at both state and federal levels, and plans to introduce an interactive heatmap feature later this fall.

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