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Crypto.com Launches OG, a U.S. Prediction Markets App With Regulated Sports Contracts and Planned Margin Trading

The launch leverages federal oversight to set OG apart from unregulated event platforms.

Overview

  • OG is now live on iOS, Android, and the web, with up to $500 in rewards for the first one million sign-ups.
  • The platform offers CFTC-regulated sports event contracts and expands into finance, politics, culture, and entertainment markets.
  • Crypto.com says OG will provide access to margin-based prediction contracts, pending CFTC certification, which would be a first for prediction markets.
  • Nick Lundgren has been appointed CEO of OG, adding to his role as Crypto.com’s chief legal officer and his previous leadership of CDNA’s regulated sports contracts launch.
  • The U.S.-focused rollout includes leaderboards, community features, and a VIP program tied to partnerships like Crypto.com Arena, UFC, Formula 1, and the UEFA Champions League, as larger exchanges move into event trading.