May 29, 2026 ChainGPT

Crypto.com Brings CFTC-Registered Prediction Markets to High-Speed SailGP Racing

Crypto.com Brings CFTC-Registered Prediction Markets to High-Speed SailGP Racing
Crypto.com is bringing regulated crypto-backed prediction markets into elite foiling yacht racing. The exchange and its new OG Prediction Markets platform have signed a multi-year global partnership with the United States SailGP Team ahead of this weekend’s New York Sail Grand Prix. Under the deal, Crypto.com will be the team’s Official Crypto Exchange and OG will serve as Official Prediction Market Partner, with both brands appearing on the American F50 catamaran, team kit and at SailGP events around the world. What makes the tie-up notable is OG’s regulatory pedigree. Launched by Crypto.com earlier this year, OG lets U.S. users trade event contracts on sports, finance, politics and culture. The platform is powered by Crypto.com Derivatives North America, a Commodity Futures Trading Commission (CFTC)–registered exchange and clearinghouse, positioning OG as a federally supervised alternative to offshore prediction venues. SailGP’s data-rich, high-speed format makes it a natural fit for live prediction markets. The league bills itself as “Formula 1 on the water,” with 50-foot foiling catamarans hitting speeds above 60 mph and onboard systems streaming hundreds of data points per second per boat. That telemetry fuels real-time odds-making—and now, through OG, allows fans to take positions on U.S. team performance and other event outcomes in a regulated U.S. market. For SailGP, the sponsorship complements an existing push into wagering and fan engagement. The league has already integrated betting options with operators such as DraftKings in the U.S. and Bet365 internationally for its Rolex SailGP Championship, enabling fixed-odds bets on race winners, finalists and season champions. Team Principal and CEO Mike Buckley called the Crypto.com/OG partnership “a tremendous statement of confidence,” saying it will expand how fans interact with the sport. From Crypto.com’s perspective, the deal accelerates a move beyond spot trading into derivatives and event contracts. OG rolled out as a social prediction app in February with rewards for early users, and the exchange hopes regulated event markets will grow into a multibillion-dollar category. Crypto.com’s native token, Cronos, is also integrated into the company’s broader trading and fan-facing product ecosystem. The partnership is part of a broader trend: crypto-native prediction markets are gaining traction as both trading instruments and tools for aggregating information—Polymarket is an example frequently cited in the space. OG aims to transplant that model into a regulated U.S. framework by combining trading mechanics with social features and leaderboards tailored to passionate sports communities. As Crypto.com branding hits SailGP’s New York livery and co-branded campaigns roll out, both sides are betting that SailGP’s speed, telemetry and global reach can make sailing a fertile ground for prediction market adoption. Whether fans treat OG’s contracts like trading positions or wagers, the deal underscores how the boundaries between sports betting, derivatives and crypto-native prediction markets are continuing to blur. Read more AI-generated news on: undefined/news