Robinhood has reportedly partnered with Crypto.com to launch event contract products through OG.com, Crypto.com’s prediction-market division, according to The Wall Street Journal as cited by ABAB News. The reported agreement also gives Robinhood minority stakes in both Crypto.com and OG.com.
The deal points to a bigger push by Robinhood beyond its core stock and options business and deeper into prediction markets, a category that sits close to regulated gambling-adjacent products in the U.S.
Robinhood and Crypto.com tie-up centers on OG.com
According to the source report, OG.com will provide the event contracts while Robinhood contributes access to its retail customer base. Event contracts are derivative products that let users trade on the outcome of specific events, either for speculation or hedging.
ABAB News said OG.com was valued at $5 billion in a July funding round that included an investment from Citadel Securities. The report did not disclose the size of Robinhood’s minority stakes or say when the new products will launch.
Why the partnership matters in prediction markets
The reported partnership is aimed at the U.S. compliant event-contract market, where Kalshi is already a major name. The article also said Polymarket could face pressure if Robinhood and Crypto.com succeed in pulling users and liquidity into OG.com’s offering.
For Robinhood, the arrangement would add another expansion step after its previously reported acquisition of crypto exchange Bitstamp. For Crypto.com, the deal appears to fit its broader effort to build a wider financial-services platform while leaning on compliance and distribution.
What players should watch next
Several key details remain unclear, including the launch timeline, which event categories may be offered, and what approvals or reviews may be required in the U.S. market. For users interested in prediction-style products, the next meaningful update will likely be whether Robinhood and Crypto.com disclose product timing and market availability.
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Source: As reported by ababnews.com.