Robinhood takes minority equity stakes in Crypto.com, OG.com in prediction markets deal
HOOD•OG.com valuation and role
OG.com was valued at $5 billion in its spin-off from Crypto.com, positioning it as Robinhood’s exchange and clearing infrastructure partner.
Robinhood enters prediction markets partnership
Robinhood took minority equity stakes in Crypto.com and OG.com tied to a multi-year prediction markets infrastructure partnership.
The stakes were set at valuations aligned with Citadel Securities’ investment in Crypto.com at $20 billion.
