Key Highlights:
  • Crypto.com launched OG, a standalone prediction markets app

  • Monthly industry volumes topped $17 billion ahead of the Super Bowl

  • Sports events remain the primary driver of prediction market activity

OG App Launches Ahead of Major Sports Events

Crypto.com has spun out its prediction markets business into a standalone app called OG, targeting US users just days before the Super Bowl.

The platform allows users to trade contracts linked to sports, politics, finance, and entertainment outcomes.

Explosive Growth in Prediction Markets

Crypto.com said weekly prediction volumes grew roughly 40x over the past six months, prompting the dedicated app launch. Industry-wide data shows combined monthly volumes across major platforms approaching $17.5 billion in January.

Sports-related contracts account for the majority of activity, especially around marquee events.

Regulation and Competition Intensify

OG operates through Crypto.com’s CFTC-registered derivatives unit, positioning it within federal oversight. The exchange plans to introduce margin and leveraged prediction trading, pending regulatory approval.

The launch follows similar moves by competitors as prediction markets evolve from niche products into a core trading category.

Read the full article on theblock.