Crypto.com Launches OG Prediction Market Platform in the U.S.

Crypto.com has officially launched OG, a new prediction market platform targeting U.S. consumers. The platform offers CFTC-regulated sports event contracts alongside markets covering financial, political, cultural, and entertainment events. The first one million users to sign up will receive up to $500 in rewards.

Cryptocom has launched OG, a new U.S.-focused prediction market app powered by its CFTC-regulated affiliate Cryptocom Derivatives North America. OG offers regulated sports event contracts alongside financial, political, and cultural event markets, with plans to introduce margin…

— Wu Blockchain (@WuBlockchain) February 3, 2026

OG operates through Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse. The platform enables users to trade on real-world event outcomes ranging from Super Bowl winners to economic indicators. It combines consumer app accessibility with social media engagement features and institutional-grade trading infrastructure.

The launch comes amid a broader crackdown on prediction market platforms across multiple U.S. states. Nevada, Massachusetts, Connecticut, and Tennessee have all moved against competitors Polymarket and Kalshi in recent months. A Nevada court recently issued a temporary restraining order blocking Polymarket from offering event-based contracts to state residents.

Crypto.com reports experiencing 40x weekly growth in its prediction market business over the past six months. The company positions OG as a standalone platform designed to capture this momentum in the emerging industry.

OG Leadership and Regulatory Strategy

Nick Lundgren has been appointed CEO of OG. He also serves as Chief Legal Officer of Crypto.com. Lundgren previously led the company’s December 2024 launch of the nation’s first CFTC-regulated sports event contracts as President of CDNA.

Lundgren spearheaded the 2022 acquisition of CDNA, which was then the largest acquisition in crypto industry history. He has positioned Crypto.com as an industry leader in regulatory licenses and certifications.

“Crypto.com was the first company to offer federally licensed sports prediction contracts in the United States,” Lundgren stated. He described the prediction market industry as worth “deca-billions” of dollars.

Meanwhile, the regulatory environment remains volatile. Judge Jason Woodbury sided with the Nevada Gaming Control Board in ruling against Polymarket. The court found that the Commodity Exchange Act does not grant exclusive federal jurisdiction over prediction market contracts.

This finding undermines a key legal defense that prediction market platforms have relied upon to operate nationwide. Sports and events contracts represent over 80% of trading volumes for some platforms.

Platform Features and Expansion Plans

OG aggregates market-driven probabilities into continuously updated forecasts. Users gain a transparent view of crowd predictions on upcoming events. The platform includes social features allowing traders to connect, share opinions, and celebrate winning trades.

OG plans to introduce margin prediction contracts through Crypto.com’s federally licensed futures commission merchant. This would make OG the first prediction markets platform to offer margin trading. The platform also intends to add parlays and expanded social features.

The company will launch a VIP program leveraging Crypto.com’s sports and entertainment partnerships. These include relationships with Crypto.com Arena, UFC, Formula 1, and UEFA Champions League. VIP members will receive access to signature experiences through these partnerships.

OG’s compliance infrastructure builds on Crypto.com’s existing security systems. The platform promises consumer protections and tools to help users manage exposure and trade responsibly.

Following the Nevada ruling, Polymarket faces a February 11 hearing that could further restrict its operations. The state-level crackdown threatens the business model that has driven rapid growth across the prediction market sector.

BREAKING: Nevada state court issues temporary restraining order against Polymarket over offering of event contracts, says that the CEA does not vest exclusive jurisdiction in the CFTC. TRO will remain in effect for 14 days; hearing on the PI motion scheduled for 2/11. pic.twitter.com/p1tRk38EMD

— Daniel Wallach (@WALLACHLEGAL) January 30, 2026

Crypto.com’s federal regulatory approach through CDNA may provide OG with a competitive advantage. The company’s existing CFTC registration positions the platform differently than competitors facing state-level challenges.

The prediction market industry has attracted significant attention from both investors and regulators. OG enters the market as established players navigate an increasingly complex legal environment across multiple jurisdictions.