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Crypto.com has launched its prediction markets segment as an independent platform called OG, marking a new push in one of the fastest growing sectors of the digital economy, putting it in direct competition with… Polymarket and Kalshi.
Key points:
- Crypto.com launched OG as an independent prediction platform for US users only, built on its CFTC-approved platform.
- This launch follows significant growth, with Crypto.com reporting a 40x weekly increase in futures market activity over the past six months.
- OG is entering an increasingly competitive market where major crypto players and Wall Street are expanding into event contractors.
The OG platform, which was launched this week, is operated by Crypto.com Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse affiliated with Crypto.com.
The company said that the platform It is currently only available to users in the United States, confirming its intention to work within the framework of the market.
Crypto.com removes OG after rising market activity
The decision to establish OG as a standalone platform came after the rapid growth of Crypto.com’s predictive market offerings.
The company entered the region in 2024 and launched “Sports Trading” for users in the United States in December of that year. According to co-founder and CEO Chris Marszalek, operations have grown exponentially since then.
“We’ve seen 40x weekly growth in our forecast markets over the past six months,” said Marszalek, adding that this move allowed him to set up a dedicated platform instead of keeping the trade within the entire Crypto.com ecosystem.
OG will be led by Nick Lundgren, Chief Legal Officer of Crypto.com, who will assume the role of CEO.
Lundgren described the prediction markets as a “billion dollar business,” noting the growing interest from individual users and institutional players.
However, the field is expanding. Expulsion Coinbase launches US market forecast in partnership with Kalshi at the end of January, when Hyperliquid recently revealed plans to expand its market share.
The set time for OG shows the increase in the field. The market is expected to grow from $100 million in monthly sales in early 2024 to more than $13 billion by the end of 2025, according to industry data.
Individually, the turnover of Polymarket and Kalshi reached $37 billion last year, as Wall Street companies and … Digital currency New contract services for online betting.
International opposition to prediction markets has increased due to consumer concerns
Government opposition to the prediction markets has been building for months.
In 2025, the SWC urged the CFTC to ban gaming contracts, saying that such things bypass government protections such as age verification, gaming rules, and anti-money laundering laws.
As mentioned, new legislation aimed at limiting interactions between government officials and the prediction markets is supported by more than 30 Democrats in the US House of Representatives, including former Speaker Nancy Pelosi.
The reason behind these new restrictions is the controversial betting on the Polymarket platform, He started A $32,000 bet turned into $400,000 shortly before the unexpected arrest of Venezuelan President Nicolas Maduro.
Where is the bill? Encourage it New York Representative Ritchie Torres introduced the Public Integrity in Financial Forecast Markets Act of 2026.
A note Crypto.com launches an independent platform in the US called OG appeared for the first time Cryptonews Arabic.
