Crypto.com Launches Standalone US Prediction Markets Platform OG
Crypto.com has spun out its prediction markets enterprise right into a standalone platform referred to as OG, marking a contemporary push into one of many fastest-growing corners of digital finance and placing it in direct competitors with Polymarket and Kalshi.
Key Takeaways:
- Crypto.com has launched OG as a standalone, US-only prediction markets platform constructed on its CFTC-regulated derivatives infrastructure.
- The spinout follows explosive progress, with Crypto.com reporting 40x weekly will increase in prediction market exercise over the previous six months.
- OG enters an more and more aggressive market as main crypto and Wall Street gamers develop into event-based contracts.
OG, which went stay this week, is powered by Crypto.com Derivatives North America (CDNA), a CFTC-registered trade and clearinghouse affiliated with Crypto.com.
The company said the platform is at present obtainable solely to customers within the United States, underscoring its concentrate on working throughout the nation’s regulated market construction.
Crypto.com Spins Out OG After Surge in Prediction Market Activity
The determination to launch OG as a separate platform follows speedy progress in Crypto.com’s prediction market choices.
The agency first entered the area in 2024 and rolled out a “sports activities occasion buying and selling” product for US customers in December of that 12 months. According to co-founder and CEO Kris Marszalek, exercise has surged since then.
“We’ve skilled 40x weekly progress in our prediction market enterprise during the last six months,” Marszalek stated, including that the tempo justified a devoted platform quite than holding the product bundled inside Crypto.com’s broader ecosystem.
OG will likely be led by Nick Lundgren, Crypto.com’s chief authorized officer, who takes on the position of CEO.
Lundgren described prediction markets as a “deca-billion greenback trade,” pointing to rising curiosity from each retail customers and institutional gamers.
Still, the sphere is changing into more and more crowded. Coinbase launched a US-focused prediction market product in partnership with Kalshi in late January, whereas Hyperliquid lately outlined plans to develop into event-based markets.
The timing of OG’s debut displays broader momentum throughout the sector. Prediction markets have grown from lower than $100 million in month-to-month quantity in early 2024 to greater than $13 billion by the top of 2025, in response to trade information.
Combined volumes on Polymarket and Kalshi alone reached $37 billion final 12 months, as Wall Street and crypto companies alike discover new makes use of for occasion contracts past on-line betting.
State Opposition to Prediction Markets Builds Over Consumer Concerns
State opposition to prediction markets has been constructing for months.
In 2025, the SWC urged the CFTC to ban sports activities occasion contracts, arguing that such merchandise bypass state safeguards resembling age verification, accountable gaming guidelines and anti-money laundering necessities.
As reported, a brand new laws to restrict the interactions between authorities officers and the prediction markets is being supported by more than 30 Democrats within the US House of Representatives, together with former Speaker Nancy Pelosi.
The lure behind new restrictions is a controversial Polymarket wager, which started as a wager of $32,000 however ultimately grew to become greater than $400,000 shortly earlier than the sudden detention of Venezuelan President Nicolás Maduro.
The invoice proposed by the New York Representative Ritchie Torres is the Public Integrity in Financial Prediction Markets Act of 2026.
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