Crypto.com Launches "OG" - a New Prediction Market Experience
First One Million Users to Sign Up Will Receive Up To
TYLER,
Powered and offered by the digital financial platform leader, Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com, OG enables users to trade on the likelihood of real-world events – from the winner of the Super Bowl and March Madness to economic indicators, entertainment outcomes, and cultural trends. OG aggregates market-driven probabilities into clear, continuously updated forecasts, giving users a transparent view of what the crowd believes will happen next. Sport fans and consumers also have the ability to connect with other traders, share their opinions, and celebrate their triumphs. OG also plans to provide access to CDNA's margin prediction contracts offering through Crypto.com's federally licensed futures commission merchant. This will be the first prediction markets platform to offer margin trading.
"Crypto.com successfully built one of the largest brands and best app experiences in cryptocurrency during a period of hypergrowth amid a complex regulatory landscape, and now we will work to replicate this experience with OG in the prediction market space," said
As part of the launch of OG,
"Crypto.com was the first company to offer federally licensed sports prediction contracts in
OG will also launch with a best-in-class VIP program leveraging Crypto.com's robust sports and entertainment partnership portfolio to create signature experiences, including with the iconic Crypto.com Arena, UFC, Formula 1, UEFA Champions League, and more.
Backed by Crypto.com's industry-leading security and compliance infrastructure, OG's commitment to compliance will ensure the integrity of the experience and will offer consumer protections and equip customers with tools and resources to help manage exposure and trade responsibly.
OG will be headquartered in the
About OG
OG, a Crypto.com company, offers CFTC-compliant technology to offer access to a federally regulated derivatives platform to trade, engage with others, climb the leaderboard, and where it pays to be right. OG provides sports fans and consumers with the opportunity to act on uncertainty, capitalize on the future, and celebrate triumph through a most comprehensive offering of sports and cultural event contracts.
Make your call now at https://OG.com.
About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.
Crypto.com | Derivatives North America (CDNA) is an affiliate of Crypto.com and is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and derivatives clearing organization. CDNA offers market access, through various technology services providers and brands, including OG, for the trading of prediction market contracts, as well as economic and cryptocurrency event contracts. Margined trading of prediction market contracts is subject to the certification of such products with the CFTC.
Learn more at https://Crypto.com.
Disclaimer: Trading involves risk and may not be appropriate for all. By trading you risk losing your cost to enter any transaction, including fees. You should carefully consider whether trading is appropriate for you in light of your investment experience and financial resources. "Parlay" is a term unique to OG wherein a Customer requests a trade composed of a combination of specified events.
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SOURCE Crypto.com
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