May 30, 2026 ChainGPT

Crypto.com’s OG Partners with U.S. SailGP to Launch CFTC‑Regulated Prediction Markets

Crypto.com’s OG Partners with U.S. SailGP to Launch CFTC‑Regulated Prediction Markets
Crypto.com and its OG Prediction Markets platform have struck a multi‑year global partnership with the United States SailGP Team — bringing CFTC‑regulated prediction markets into elite foiling yacht racing for the first time just ahead of this weekend’s New York Sail Grand Prix. Under the deal, Crypto.com is the U.S. team’s Official Crypto Exchange and OG is its Official Prediction Market Partner. Both brands will appear on the American F50 catamaran, team race kit and in SailGP environments worldwide. The move gives OG a prominent entry into a league often billed as “Formula 1 on the water,” where 50‑foot foiling catamarans routinely exceed 60 mph and onboard telemetry delivers hundreds of data points per second — a rich feed for live odds and fan‑facing markets. What OG offers - OG Prediction Markets is a standalone app launched by Crypto.com earlier this year that enables U.S. users to trade regulated event contracts across sports, finance, politics and culture. - The platform is powered by Crypto.com | Derivatives North America, a Commodity Futures Trading Commission‑registered exchange and clearinghouse, positioning OG as a federally supervised alternative to offshore prediction venues. - As part of its February rollout, OG offered incentives for early users — the first one million could earn up to $500 in rewards for trading real‑world outcomes. Why it matters Crypto.com says the partnership extends its push beyond spot trading into derivatives and event contracts, aiming to capture a slice of what some analysts expect to become a multibillion‑dollar asset class. For SailGP, the tie‑up advances the league’s broader wagering and interactive strategy; SailGP already works with operators such as DraftKings in the U.S. and Bet365 internationally for fixed‑odds betting on race winners and season champions. Executives framed the deal as a natural fit. Steve Humenik, EVP and Global Head of Legal for Prediction and Capital Markets at Crypto.com, noted the company’s long‑term commitment to data‑driven sports and said the partnership helps position the U.S. as “the Prediction Markets Capital of the World.” Mike Buckley, Team Principal, CEO and co‑owner of the U.S. SailGP Team, called the agreement “monumental,” and emphasized that OG’s platform will deepen fan engagement. Broader context Prediction markets in crypto are already proving useful as information aggregators — platforms like Polymarket have shown how probability trading can surface collective insight. OG aims to bring that model into a regulated U.S. framework, blending trading mechanics with social leaderboards and sports communities. Crypto.com’s native token Cronos is listed alongside major assets on the company’s market pages, underscoring how the exchange is integrating trading products with fan‑facing offerings. With the new livery hitting the water in New York and co‑branded campaigns set to roll out, both sides are betting that SailGP’s extreme speeds and data‑heavy format will accelerate mainstream adoption of prediction markets. Whether fans treat OG’s contracts as trading or wagering, the partnership highlights how the boundaries between sports betting, derivatives and crypto‑native prediction markets are continuing to blur. Read more AI-generated news on: undefined/news