Crypto.com and OG Prediction Markets partner with U.S. SailGP Team in a CFTC-regulated deal, bringing event contracts to elite foiling yacht racing for the first time.
Crypto.com and its OG Prediction Markets platform have signed a multi-year global partnership with the United States SailGP Team, ahead of this week's New York Sail Grand Prix. The deal marks the first time CFTC-regulated prediction markets have been integrated directly into elite foiling yacht racing.
Under the agreement, Crypto.com becomes the team's Official Crypto Exchange while OG Prediction Markets is designated Official Prediction Market Partner. Both brands will appear on the American F50 catamaran, race kit and team environments at SailGP regattas worldwide.
The deal lands as SailGP positions itself as "Formula 1 on the water," with 50-foot foiling catamarans reaching speeds above 60 mph across iconic global venues. The league's tracking systems capture hundreds of data points per second per boat, a rich stream that underpins live odds-making and now, through OG, fan-facing prediction markets linked directly to U.S. team performance.
OG Prediction Markets is a standalone platform launched by Crypto.com earlier this year. It allows users in the United States to trade regulated event contracts on sports, financial, political and cultural outcomes. OG is powered by Crypto.com | Derivatives North America, a Commodity Futures Trading Commission registered exchange and clearinghouse. This positions the app as a federally supervised alternative to offshore prediction venues like Polymarket.
The New York Sail Grand Prix is set for this weekend in the city's harbor. The partnership gives OG a highly visible entry point into a league that is already building betting integrations with operators such as DraftKings in the U.S. and Bet365 internationally for fixed-odds bets on fleet race winners, finalists and season champions.
SailGP's real-time data infrastructure is central to the partnership. The league broadcasts hundreds of data points per second per boat, creating a continuous stream that can feed live prediction markets. For OG, this means the ability to offer event contracts tied to race outcomes, team performance metrics and other in-race variables.
Prediction markets operate as derivatives contracts, not wagers. Users trade event contracts that settle at $1 if the outcome occurs and $0 if it does not. The price of the contract reflects the market's implied probability. This structure falls under CFTC jurisdiction, giving OG a regulatory framework that offshore platforms lack.
Key insight: The distinction between sports betting and regulated prediction markets is narrowing. OG's CFTC registration allows it to offer event contracts that look like betting but trade like derivatives, opening a new channel for crypto-native engagement with live sports.
For Crypto.com, the SailGP partnership extends a push beyond conventional spot trading into derivatives and event contracts. The February rollout of OG as a social prediction app offered the first one million users up to $500 in rewards for trading real-world outcomes. The exchange's native token cronos is tracked on the Crypto.com market cap page alongside major assets like bitcoin and ethereum, underscoring how deeply the exchange is embedded in both trading and fan-facing products.
Crypto.com framed OG in a previous launch report as a way for sports fans to "act on uncertainty, capitalize on the future, and celebrate triumph" in a regulated environment. The SailGP deal gives OG a live, high-speed sport with a data-rich format that can demonstrate the platform's capabilities to a broader audience.
Prediction markets are gaining traction elsewhere in crypto. Polymarket continues to prove that trading on probabilities can function as a powerful information aggregator. OG was cast as Crypto.com's bid to bring that model into a regulated U.S. framework, marrying trading mechanics with social leaderboards and sports-obsessed communities.
The CFTC has been opening the door to crypto perpetual futures and regulated event contracts. The agency's recent actions, including the approval of regulated perpetual futures on Coinbase and Kalshi, signal a willingness to expand the derivatives ecosystem. OG's registration as a CFTC-regulated exchange and clearinghouse positions it to operate within this framework.
The partnership creates a concrete catalyst for monitoring Crypto.com's derivatives and prediction market strategy. Key questions for the coming quarters:
As the new livery hits the water in New York and co-branded campaigns roll out across digital channels, both sides are betting that SailGP's high-speed, data-heavy format can turn sailing into fertile ground for prediction market adoption. Whether fans treat OG's contracts more like trading or like wagering, the partnership signals that the line between sports betting, derivatives and crypto-native prediction markets is getting thinner with each new deal.
For the United States SailGP Team, the Crypto.com and OG sponsorship arrives as the league accelerates its broader playbook around betting and interactive wagering. Mike Buckley, Team Principal, CEO and Co-Owner of the U.S. SailGP Team, called the agreement "monumental," stressing that "the ability for fans to engage with our races through OG's prediction platform is just the beginning of what we'll build together."
Steve Humenik, EVP and Global Head of Legal for Prediction and Capital Markets at Crypto.com, said the partnership reflects "a long term commitment to a diverse offering of sports prediction markets, including highly technical and data driven sports like SailGP." He argued the tie-up helps make "the U.S. the Prediction Markets Capital of the World."
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