Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
60-second summary
Robinhood secures stakes in Crypto.com and OG.com to power its prediction‑markets expansion, routing event contracts through OG.com’s CFTC‑regulated infrastructure while leveraging Crypto.com’s liquidity network. The partnership grants Robinhood access to established compliance frameworks and deeper market depth, positioning the broker to attract more retail traders, boost trading volumes, and intensify competition in the burgeoning crypto‑derivatives sector.
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.