A ‘new prediction market expertise’ has been launched by Crypto.com, referred to as OG, which goals to offer customers a brand new method to commerce, interact, and climb the leaderboard.
The corporate announced the information on Tuesday (February 3) they usually defined how OG gives sports activities followers entry to a spread of CFTC-regulated sports event contracts, in addition to further occasion contracts throughout monetary, political, cultural, and leisure occasions.
In its rationalization, the crew say they’ve mixed the accessibility of a client app, engagement options of a social media community, and ‘the rigor’ of an institutional-grade platform.
We’re excited to formally unveil the brand new period of prediction markets for sports activities followers with the launch of OG! Make your name now at https://t.co/X9D1s2StPQ.
Learn extra right here: https://t.co/a2FrohML3B pic.twitter.com/6suaOYy1yL
— Crypto.com (@cryptocom) February 3, 2026
Talking on its launch, Kris Marszalek, Co-Founder and CEO of Crypto.com stated: “Crypto.com efficiently constructed one of many largest manufacturers and finest app experiences in cryptocurrency throughout a interval of hypergrowth amid a complex regulatory landscape, and now we are going to work to copy this expertise with OG within the prediction market area.”
The co-founder stated they’ve skilled 40x weekly progress of their prediction market enterprise during the last six months which he says warrants a concerted effort with a standalone platform.
“Our aim is to determine OG because the premier sports activities prediction market know-how with the most effective buyer expertise.”
Crypto.com’s OG might develop into first prediction markets platform to supply margin buying and selling
The app will combination market-driven possibilities into clear, up to date forecasts to offer a clear view of what the group believes will occur subsequent. It would even have an area for customers to attach with different merchants and share their opinions.
In line with the press launch, OG plans to offer entry to Cyrpto.com | Derivatives North America’s (CDNA) margin prediction contracts providing by Crypto.com’s federally licensed futures fee service provider. They recommend this would be the first prediction markets platform to supply margin buying and selling.
As a part of the launch, Nick Lundgren has been named the CEO of the app. He additionally serves as Chief Authorized Officer at Crypto.com and he led the corporate’s entrance into CFTC-regulated sports activities occasion contracts in December 2024. That stated, the launch comes after Crypto.com pulled its prediction markets and sports activities contracts from 9 states, following stress from state regulators and authorities companies. Critics argue that prediction market platforms like Crypto.com are basically providing unlicensed sports activities betting beneath a special identify.
Featured picture: Crypto.com / OG by way of press launch
The submit Crypto.com goes all in on prediction markets with new app OG appeared first on ReadWrite.
