Robinhood takes Crypto.com stake in prediction markets deal

Robinhood has signed a multi-year deal to route selected event contracts through OG.com while taking equity stakes priced against $20 billion and $5 billion valuations for Crypto.com and OG.com, respectively. Robinhood adds OG.com as an event-contract provider Robinhood and OG.co...

• Robinhood has partnered with OG.com, a prediction market operator, to route selected event contracts through its federally regulated platform, while also taking equity stakes in both Crypto.com and OG.com.
• This deal expands Robinhood's prediction markets business, which generated significant revenue in Q2 2026, and positions OG.com as a key infrastructure provider for innovative derivative instruments.
• The partnership faces ongoing regulatory scrutiny regarding the classification of sports contracts as derivatives versus gambling, with availability varying by state.

Source: coinmarketcap

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