Trading Technologies Adds Crypto.com Prediction Markets

Steve Humenik, chief legal officer of OG.com and executive vice president of Crypto.com, said the partnership would bring prediction-market products into the trading workflows of institutional participants. "Providing institutional participants with secure, compliant and seamless access is paramount," he said in a statement.

TT, based in Chicago and owned by private-equity firms Thoma Bravo and 7RIDGE, provides capital markets technology to banks, brokerages, hedge funds and money managers. Its platform handles trading in futures, options, foreign exchange, fixed income and cryptocurrencies.

Alun Green, executive vice president and managing director for futures and options at TT, said the firm sees a strong and growing appetite among institutional clients to expand into regulated prediction and digital asset markets.

Neither company disclosed financial terms of the agreement. The announcement did not specify which prediction-market contracts would initially be available or whether access would vary by jurisdiction.