Robinhood Taps OG.com as Infrastructure Partner for Prediction Markets, Plans Equity Stakes

On September 8, 2026, Robinhood Markets, Inc. (NASDAQ: HOOD) and prediction-market platform OG.com announced a multi-year partnership designating OG.com as an infrastructure and clearing provider for Robinhood’s Prediction Markets offering, according to a joint announcement distributed through PR Newswire.

What the Deal Involves

Under the agreement as described by the companies, Robinhood will route retail event-contract volume through OG.com’s derivatives exchange and clearinghouse architecture. Prediction Markets on Robinhood are offered through Robinhood Derivatives, LLC, the wholly-owned subsidiary Robinhood identifies in its own regulatory filings as “RHD.” The companies said the arrangement is intended to expand Robinhood’s existing prediction-markets offering, with the announcement describing goals of higher capacity, faster clearing, and a broader event catalog spanning macroeconomic indicators, global sports, elections, and cultural milestones.

The deal also carries an equity component. According to the announcement, Robinhood will hold initial equity stakes in both Crypto.com and OG.com following OG.com’s spin-off as an independent trading platform. The companies said the equity will be priced in line with Citadel Securities’ recent investment in the Crypto.com Group, which the announcement says valued Crypto.com at $20 billion. Notably, the language is prospective — the companies say Robinhood “will hold” the stakes after the spin-off, so the equity positions should not be read as completed transactions.

OG.com’s Spin-off and Claimed Valuation

The partnership is tied to OG.com’s separation from Crypto.com as a standalone company. The announcement states that the Citadel Securities investment in Crypto.com included a standalone $5 billion valuation of OG.com through the spin-off — a figure presented by the companies rather than independently verified. OG.com describes itself as an independent trading platform offering event contracts across categories including sports, financials, economics, and culture, available both through direct access and through intermediaries such as futures commission merchants and introducing brokers.

The companies said OG.com operates with dedicated capital allocation following its separation from Crypto.com’s core digital-asset exchange infrastructure, framing the independence as a way to scale both its consumer-facing product and its institutional framework.

Rollout Plan and Executive Comments

The companies said OG.com-backed event contracts are planned to begin rolling out in phases to eligible U.S. Robinhood customers starting September 8, 2026. That is a scheduled plan described in the announcement, not a confirmed live launch for all customers.

“This is the beginning of a strategic partnership between both companies,” said Kris Marszalek, Founder and CEO of Crypto.com and OG.com, in the announcement. “We’re looking forward to making OG.com the most liquid venue globally for innovative derivative instruments, starting with prediction markets and quickly expanding into futures and perpetuals.” The liquidity ambition is Marszalek’s stated goal, not an established outcome.

“Teaming up with Crypto.com and OG.com strengthens our position as a leader in the prediction markets space and gives us even more skin in the game,” said JB Mackenzie, VP and GM of Futures and Prediction Markets at Robinhood. “Prediction markets are becoming an increasingly meaningful way for investors to engage with the events they care about, and this deal helps us meet our growing customer demand.”

An Existing Business Line for Robinhood

The partnership builds on a business Robinhood already operates. In its Form 10-Q for the quarter ended March 31, 2026, Robinhood’s glossary defines “Futures” as futures contracts, including options on futures and swaps, “including event contracts.” The same filing’s definition of Total Platform Assets — a key performance metric — includes the fair value of futures positions, again explicitly including event contracts, held in user accounts. Event contracts also appear as a distinct revenue category in the filing’s transaction-based revenue tagging.

That treatment in Robinhood’s own SEC filing establishes prediction markets as an existing, measured line of business that the OG.com arrangement is designed to expand, rather than a new product category for the company. The financial terms of the partnership beyond the planned equity stakes were not disclosed in the announcement.