Robinhood secures equity stakes in Crypto.com and OG.com
Robinhood will route US retail event contracts through the newly spun-off OG.com platform. The deal involves equity investments valued at rates set by a prior Citadel Securities acquisition.
Robinhood confirmed an agreement to take equity stakes in Crypto.com and its recently independent prediction market platform, OG.com. Under this multi-year arrangement, Robinhood will direct retail event contracts from eligible US customers through OG.com's Commodity Futures Trading Commission-regulated derivatives exchange and clearinghouse. The implementation of this infrastructure is scheduled to begin on Tuesday.
The announcement stated that Robinhood received initial equity positions in both entities, with valuations determined by an earlier Citadel Securities investment in the platforms. Neither party disclosed the specific size or dollar value of these holdings. This strategic move follows OG.com's separation from its parent company at a $5 billion valuation.
Kris Marszalek, CEO of OG.com, indicated plans to broaden the platform's offerings beyond prediction markets into futures and perpetual contracts. Robinhood initially launched its prediction markets hub in March 2025 using the Kalshi exchange before expanding its internal infrastructure. Industry data suggests event contracts generated $156 million in revenue for the brokerage.
The deal represents a continuation of Robinhood's strategy to integrate regulated derivatives services following prior discussions with Crypto.com.
