The platform is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission (CFTC)-registered exchange and clearinghouse affiliated with Crypto.com.
OG offers users a mix of interfaces, social engagement tools and continuously updated market-driven probabilities on event outcomes.
The platform’s contract offerings include federally regulated markets on major sporting events like the Super Bowl and March Madness, as well as other event categories such as financial indicators, elections and entertainment outcomes. According to Crypto.com, event contracts provide a transparent view of crowd-sourced expectations, displaying aggregated probabilities for various outcomes.
In a first for publicly launched prediction markets, OG plans to offer margin trading on prediction contracts through CDNA’s federally licensed futures commission merchant, a feature the company said could appeal to more advanced traders.
Crypto.com’s co-founder and CEO, Kris Marszalek, said the company has seen rapid growth in its prediction markets business, reporting roughly 40-fold weekly expansion over the past six months, and described the standalone platform as a response to that momentum.
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Nick Lundgren, who also serves as chief legal officer of Crypto.com, was named CEO of OG. Lundgren has been involved in the company’s earlier efforts to launch CFTC-regulated sports event contracts.
The launch also comes amid broader activity in the United States around prediction markets. Industry participants, including Crypto.com, Kalshi, Robinhood, Coinbase and Underdog, formed the Coalition for Prediction Markets to advocate for consistent federal oversight under the CFTC and to resist state-level regulatory uncertainty.
OG is initially focused on the U.S. market with plans for future expansion. Its launch underscores continuing growth and diversification in the prediction markets sector as financial-technology firms integrate event-based contracts into broader digital finance offering.
In related news, Stripe in January announced an integration with Crypto.com to facilitate crypto payments, signaling deeper collaboration between mainstream payments companies and crypto-native firms as digital assets and related financial products move closer to everyday commerce.
