Robinhood is expanding its prediction-markets business through a multiyear partnership with Crypto.com and its OG.com platform, and began routing selected football event contracts to OG.com on Sept. 8, according to Reuters and Axios. The move gives Robinhood customers another regulated venue for trading event contracts as the company’s volumes keep climbing – customers traded 13.6 billion contracts in the second quarter alone, and more than 30 billion in the first eight months of 2026.
OG.com operates a Commodity Futures Trading Commission-regulated exchange and clearinghouse, and Robinhood is taking equity stakes in both OG.com and its parent, Crypto.com. Financial terms of the deal were not disclosed, though Robinhood said its Crypto.com equity will be priced in line with a recent Citadel Securities investment that valued Crypto.com Group at $20 billion.
The OG.com routing doesn’t replace Robinhood’s existing venues – the company said it will continue sending event contracts through Kalshi, ForecastEX and Rothera, the CFTC-licensed exchange and clearinghouse it built through a joint venture with Susquehanna International Group. JB Mackenzie, Robinhood’s vice president and general manager of futures and prediction markets, framed the addition as a liquidity play, saying routing contracts to multiple venues helps create a stronger, more diverse and resilient marketplace.
Scale and the Regulatory Backdrop
The numbers underline why Robinhood keeps adding venues. More than 45 billion event contracts have traded on its platform since it launched prediction markets roughly two years ago, and the growth trajectory has only accelerated through 2026.
That expansion is unfolding against a messier legal backdrop. Axios reported that event contracts remain caught in ongoing disputes over which regulator has jurisdiction – federal commodities regulators or state gaming regulators – a question that hangs over every new distribution deal Robinhood signs, including this one.
A Crowded Venue Map
Adding OG.com to a routing list that already includes Kalshi, ForecastEX and Rothera signals that Robinhood is betting on distribution breadth rather than betting on any single exchange to absorb its volume. It’s a strategy that echoes how other sportsbook-adjacent operators have approached event contracts – Crypto.com’s own partnership with FanDuel on event-contract distribution offers a comparable case of one exchange feeding multiple retail front ends.
For Robinhood, taking an equity stake alongside the routing agreement ties its balance sheet more directly to Crypto.com’s valuation trajectory, not just its trading flow. Whether that pays off will depend partly on how the jurisdictional fights over event contracts get resolved in the months ahead.
Robinhood Routes Football Contracts to Crypto.com’s OG.com ReadWrite.
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