Robinhood Expands Prediction Markets Through Partnership with Crypto.com and OG.com
Robinhood Markets has entered a multi-year partnership with Crypto.com and its prediction-market platform, OG.com, to expand its event contract offerings. Under the agreement, Robinhood will route specific football-related retail contracts through OG.com, a derivatives exchange and clearinghouse registered with the U.S. Commodity Futures Trading Commission (CFTC). Additionally, Robinhood has acquired minority equity stakes in both Crypto.com and OG.com, though the financial details of the deal remain undisclosed.
Summaries are written by AI from the original article. Not investment advice.