Robinhood Teams Up With Crypto.com and OG.com for Football Prediction Markets
Roger and Vlad Tenev's Robinhood has partnered with Crypto.com and OG.com to expand its prediction markets, particularly for football events. The deal will allow users to trade event contracts on both platforms through a CFTC-regulated exchange and clearinghouse.
This move is part of Robinhood's efforts to increase diversity in its marketplace, following record revenues and volumes of $13.6 billion in Q2, with over 5 billion contracts traded during the World Cup alone.
The partnership will not only provide users with more options for trading but also enhance their overall experience through improved live data and a dedicated trading hub for football events.