Crypto.com and OG.com partner with River Markets to launch regulated institutional prediction markets.
Regulation & Gov ·
Crypto.com Exchange and OG.com have signed a memorandum of understanding with River Markets to offer regulated prediction markets to institutional traders. The partnership marks an expansion of Crypto.com's push into event-contract markets, building on existing efforts to challenge platforms operating in the U.S. prediction market space.
The arrangement positions the three parties to deliver prediction market access designed specifically for institutional clients. River Markets provides the regulatory framework and market infrastructure, while Crypto.com and OG.com contribute their trading platforms and user bases. This layered approach aims to serve a segment traditionally underserved in crypto-native prediction markets.
The deal's scope—including contract offerings, timeline, and capital commitments—has not yet been disclosed. It remains unclear whether the partnership will prioritize sports, political, or broader event contracts, and no launch date has been announced.