Crypto.com to launch prediction market platform 'OG'

Cryptocurrency exchange Crypto.com is set to launch a prediction market platform called 'OG', The Block reported. The move comes amid growing demand for event-based trading ahead of the Super Bowl, the championship game of the U.S. National Football League (NFL). The platform will initially be available in the United States, allowing users to trade contracts related to events in economics, politics, culture, and entertainment. OG will be operated by a Crypto.com subsidiary dedicated to derivatives, which is registered with the U.S. Commodity Futures Trading Commission (CFTC).