Crypto.com OG, also known as OG, is a prediction market platform and application launched by Crypto.com on February 3, 2026 ^{[1] [2]}. Designed as a standalone experience, it allows users in the United States to trade contracts based on the outcomes of real-world events in sports, finance, politics, and culture ^[3]. The platform is operated by Crypto.com | Derivatives North America (CDNA), an entity regulated by the U.S. Commodity Futures Trading Commission (CFTC) ^[1].

Overview

Crypto.com OG was developed to function as a hybrid platform, integrating features of a consumer trading application, a social network, and an institutional-grade trading system ^[1]. It aggregates market-driven probabilities from user trades to generate clear, continuously updated forecasts on the likelihood of various event outcomes. The platform was launched with an initial focus on the U.S. market, with Crypto.com stating plans for future global expansion ^[2].

The service is available through a dedicated "OG App" on the Apple App Store and Google Play Store, as well as a web-based platform at OG.com ^[2]. Its creation was motivated by significant growth in Crypto.com's existing prediction market business, which served as the foundation for developing a standalone product ^[1]. The platform's market positioning emphasizes its regulatory status, offering federally regulated contracts and aiming to introduce features common in traditional finance, such as margin trading, to the prediction market space ^[3].

History and Launch

Background

The foundation for Crypto.com OG was laid several years before its launch. In 2022, Crypto.com completed the acquisition of the North American Derivatives Exchange (Nadex) and the Small Exchange. This transaction, noted at the time as one of the largest in the crypto industry's history, resulted in the formation of Crypto.com | Derivatives North America (CDNA), the CFTC-regulated entity that would later power the OG platform ^{[1] [2]}.

A significant milestone occurred in December 2024, when Crypto.com, through CDNA, became the first company to offer federally licensed, CFTC-regulated sports prediction contracts in the United States. This move established the regulatory and operational framework for trading on sports outcomes, a core component of the future OG platform ^[2].

Official Launch

In the six months leading up to the launch, from approximately August 2025 to January 2026, Crypto.com reported a 40-fold increase in weekly growth within its internal prediction market business. According to Crypto.com CEO Kris Marszalek, this substantial growth was the primary catalyst for creating a dedicated, standalone platform. He stated, "We’ve experienced 40x weekly growth in our prediction market business over the last six months. This type of growth warrants a concerted effort with a standalone platform" ^[1].

​Crypto.com officially launched OG on February 3, 2026 ^[1]. The timing was strategically set just days before Super Bowl LX, an event with a projected record betting volume of 500 in rewards for each of the first one million users to sign up for the platform ^[2].

Platform and Features

Crypto.com OG is designed to offer a multi-faceted user experience that combines trading with social interaction.

Core Functionality

The platform allows users to trade on the probability of future events by buying "Yes" or "No" shares in a contract related to a specific outcome. It operates across several major categories:

• Sports: Including events like the Super Bowl and March Madness.
• Financials & Economics: Contracts related to economic indicators and market movements.
• Politics: Predictions on election results and other political events.
• Culture & Entertainment: Trading on outcomes of award shows, cultural trends, and other entertainment events. ^{[2] [1]}

Key Features

• Social Engagement: The platform incorporates a "dynamic social layer" that allows users to connect with others, share opinions on events, and track their performance on a public leaderboard to compete for rankings ^[1].
• VIP Program: OG features a VIP program that leverages Crypto.com's extensive portfolio of sports and entertainment partnerships. This program provides top users with signature experiences related to partners such as the Crypto.com Arena, UFC, Formula 1, and the UEFA Champions League ^[2].
• Data Aggregation: The platform aggregates trading activity to produce transparent, market-driven forecasts that are continuously updated, giving users insight into the collective probability of an event's outcome ^[1].

Planned and Unique Features

Upon launch, Crypto.com announced plans for several features intended to differentiate OG in the market:

• Margin Trading: The company stated its intention for OG to be the first federally regulated prediction markets platform in the U.S. to offer margin trading. This feature would allow users to trade with leverage, opening larger positions than their account balance would typically allow. The introduction of margined trading is subject to certification with the CFTC ^{[3] [2]}.
• Parlays: OG plans to introduce a feature it defines as a "parlay," described as "a trade composed of a combination of specified events" that a customer requests. This definition is noted as being unique to the OG platform ^[1].

Leadership

Nick Lundgren

Nick Lundgren was appointed CEO of OG at its launch. He also serves as the Chief Legal Officer of Crypto.com. Prior to leading OG, Lundgren was the President of CDNA, where he played a pivotal role in the company's expansion into regulated derivatives. He led Crypto.com's 2022 acquisition of the firms that became CDNA and also spearheaded the company's successful effort to launch CFTC-regulated sports event contracts in December 2024. In his role as CEO, Lundgren expressed his vision for the platform: "I am thrilled to be leading OG and establishing this new era of prediction markets that will include parlays, margin trading, and a dynamic social layer" ^{[1] [2]}.

Kris Marszalek

​Kris Marszalek, Co-Founder and CEO of Crypto.com, announced the launch and provided the strategic vision for OG. He highlighted the company's goal to replicate the success of the main Crypto.com app within the prediction market space. Citing the company's rapid growth in the sector, he stated, "Our goal is to establish OG as the premier sports prediction market technology with the best customer experience” ^[1].

Market Context

The launch of OG occurred at a time when its parent company, Crypto.com, was reporting significant trading volumes, stated to be around $17 billion monthly near the time of the launch, providing a large existing customer base for the new platform ^[3]. OG CEO Nick Lundgren referred to the prediction market industry as a "deca-billion dollar industry," indicating the company's perception of a substantial market opportunity ^[1]. The strategic decision to launch a separate, dedicated platform was directly attributed to the 40x weekly growth observed in Crypto.com's existing prediction markets business, signaling strong user demand for such products ^[2].