Robinhood is adding a new backbone to its fast-growing prediction-markets business.
The company announced a multi-year partnership with Crypto.com and its spun-off prediction-markets platform OG.com, under which Robinhood will route some retail event-contract volume through OG.com’s CFTC-regulated exchange and clearinghouse while taking minority equity stakes in both Crypto.com and OG.com.
The move comes as prediction markets have become a major growth engine for Robinhood, with 13.6 billion event contracts traded in Q2 2026 and a record ~$156 million in revenue from the segment.
We saw FanDuel make a similar move earlier this year. It added more options to its It also adds to its online casino and sportsbook offerings. DraftKings followed, not long after.
Novig is also making waves in this space.
What the Robinhood–OG.com Partnership Means
At its core, the deal gives Robinhood another regulated venue to source “yes-or-no” event contracts—especially around football—while diversifying liquidity and contract variety for U.S. customers.
- Routing of contracts: Starting September 8, 2026, Robinhood began routing a selection of pro and college football event contracts to OG.com for eligible U.S. customers in a phased rollout.
- Existing partners still in play: Event contracts remain available via Robinhood’s current partners—Kalshi, ForecastEX/Interactive Brokers, and Rothera (the CFTC-licensed exchange/clearinghouse from Robinhood’s joint venture with Susquehanna).
- Why it matters: Using multiple venues helps create a more resilient marketplace with higher capacity and more contract types, including game outcomes, player props, and custom combos.
OG.com operates a CFTC-regulated derivatives exchange and clearinghouse (also associated with Crypto.com | Derivatives North America, or CDNA), focusing on sports, financial, economic, and other event contracts.
Equity Stakes: Robinhood Takes Positions in Crypto.com and OG.com
Beyond routing volume, Robinhood is putting skin in the game. As part of the agreement, Robinhood Markets will hold initial minority equity stakes in both Crypto.com and OG.com after OG.com’s spin-off as an independent trading platform.
Valuation benchmark: The stakes are priced in line with Citadel Securities’ recent investment in Crypto.com Group, which valued the group at $20 billion and assigned a standalone $5 billion valuation to OG.com.
Deal size: Exact stake sizes and dollar amounts were not disclosed.
This structure gives Robinhood direct financial e
xposure to the underlying platforms while securing additional infrastructure and liquidity options for its prediction-markets product.
Why Robinhood is Doubling Down on Prediction Markets
Prediction markets have quickly become a meaningful growth area for Robinhood, aligning with the start of the pro football season and upcoming midterm elections (the company is also expanding election-related contracts).
Q2 2026 momentum: Robinhood saw 13.6 billion event contracts traded in the quarter, including roughly 5 billion during the World Cup, generating a record ~$156 million in revenue.
Strategic fit: Aggregating event contracts from multiple regulated venues—rather than relying on a single provider—fits Robinhood’s broader strategy to scale the product responsibly and reliably.
JB Mackenzie, Robinhood’s VP/GM of Futures and Prediction Markets, emphasized the benefits of multiple venues for marketplace strength and called the fall season “exciting” for prediction markets.
What OG.com and Crypto.com Say About the Deal
Crypto.com and OG.com frame the partnership as the start of a broader strategic relationship. Kris Marszalek, founder and CEO of Crypto.com and OG.com, described it as the beginning of a strategic partnership, with ambitions to make OG.com a highly liquid global venue for innovative derivatives—starting with prediction markets and expanding into futures and perpetuals.
Future products: There have also been mentions of possible future discussions around equity-linked perpetual futures, subject to regulatory approval.
Volume impact: OG.com has called this its largest B2B prediction-markets partnership by volume, reflecting the scale of retail order flow Robinhood can direct.
How This Affects Robinhood Users (and What to Watch Next)
For Robinhood users, the practical takeaway is more choice and potentially more contract variety as the rollout continues. Contracts will be routed among exchanges depending on factors such as availability, with OG.com joining Kalshi, ForecastEX, and Rothera as venues handling Robinhood’s event contracts.
- Phased availability: OG.com-backed event contracts will roll out gradually to eligible U.S. customers starting September 8, 2026.
- Football first: Selected pro and college football contracts are among the first to be routed through OG.com, timed with the start of the NFL season.
- Watchlist: Keep an eye on expanded contract types (player props, custom combos), election markets, and any future product expansions like equity-linked perpetuals if regulators greenlight them.
In short, the Robinhood–Crypto.com–OG.com deal strengthens Robinhood’s prediction-markets engine by adding a new CFTC-regulated venue, more contract variety, and direct equity exposure to the platforms powering it. For users, that means a more resilient marketplace rolling out just as football season and election betting heat up; for Robinhood, it’s another step in building a multi-venue, high-capacity event-contracts business that already delivered record revenue in Q2 2026.
