TT Partners With Crypto.com on Prediction Markets for Institutions

Alun Green, Executive Vice President and Managing Director of Futures and Options at TT, said his firm has seen rising demand from institutional users who want access to regulated prediction and digital asset venues. The OG.com connection lets those traders use TT's execution, algorithmic, clearing, and margin tools on the new products, he said.

The arrangement extends TT's push into US-regulated prediction markets. The company, backed by Thoma Bravo and 7RIDGE, started as a listed-derivatives platform and has since added fixed income, foreign exchange, and crypto. Its SaaS platform serves tier-one banks, hedge funds, prop trading firms, and commodity trading advisors.

OG.com operates under North American Derivatives Exchange, which is registered with the CFTC as both a designated contract market and a derivatives clearing organization. It offers prediction contracts on cryptocurrencies, financials, companies, economic indicators, climate, and cultural events. Sports and cultural event contracts are available where law allows. Access works directly or through introducing brokers and futures commission merchants.

Crypto.com, founded in 2016, has been pushing into new applications like prediction markets and tokenized real-world assets. The partnership suggests institutional appetite for event-based contracts and margin-enabled crypto futures inside a regulated wrapper. Whether that appetite translates into volume will depend on how quickly the OG.com connection comes online and how many traders take the bait.