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Crypto.com and OG Prediction Markets have signed a multi year global partnership with the United States SailGP Team, ahead of this week\u2019s New York Sail Grand Prix, bringing CFTC regulated prediction markets directly into elite foiling yacht racing for the first time.<\/p>\n
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With the New York Sail Grand Prix set to light up the city\u2019s harbor this weekend, the U.S. SailGP Team has named Crypto.com and its OG Prediction Markets platform as Global Partners, tying a top tier U.S. sailing franchise to a CFTC regulated crypto backed prediction venue.<\/a><\/p>\n Under the multi year deal, Crypto.com becomes<\/a> the team\u2019s Official Crypto Exchange while OG is designated Official Prediction Market Partner, with both brands to appear on the American F50 catamaran, race kit and team environments at SailGP regattas worldwide.<\/a><\/p>\n At the heart of the partnership is OG Prediction Markets, a standalone platform launched by Crypto.com earlier this year that allows users in the United States to trade regulated event contracts on sports, financial, political and cultural outcomes. OG is powered by CryptoCrypto.com | Derivatives North America, a Commodity Futures Trading Commission registered exchange and clearinghouse, positioning the app as a federally supervised alternative to offshore prediction venues.\u00a0<\/p>\n <\/p>\n \u201cCrypto.com has always backed those who compete at the highest level \u2014 and the U.S. SailGP Team is exactly that,\u201d said Steve Humenik, EVP and Global Head of Legal for Prediction and Capital Markets at Crypto.com. \u201cThe OG Prediction Markets partnership reflects our long term commitment to a diverse offering of sports prediction markets, including highly technical and data driven sports like SailGP,\u201d he added, arguing that the tie up helps make \u201cthe U.S. the Prediction Markets Capital of the World.\u201d<\/a><\/p>\n The deal gives OG a highly visible entry point into a league that is already positioning itself as \u201cFormula 1 on the water,\u201d with 50 foot foiling catamarans capable of speeds above 60 mph racing across iconic global venues and beaming data to broadcasters in real time. SailGP says its 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.<\/p>\n 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. SailGP has already struck betting integrations with operators such as DraftKings in the U.S. and Bet365 internationally for its Rolex SailGP Championship, enabling fixed odds bets on fleet race winners, finalists and season champions.<\/p>\n \u201cHaving Crypto.com and OG Prediction Markets commit to a multi year Global Partnership is a tremendous statement of confidence in where the U.S. SailGP Team and this league are heading,\u201d said Mike Buckley, Team Principal, CEO and Co Owner of the U.S. SailGP Team. Buckley called the agreement \u201cmonumental,\u201d stressing that \u201cthe ability for fans to engage with our races through OG\u2019s prediction platform is just the beginning of what we\u2019ll build together.\u201d<\/a><\/p>\n For Crypto.com, the SailGP partnership extends a push beyond conventional spot trading into derivatives and event contracts, following the February rollout of OG as a social prediction app where the first one million users can earn up to $500 in rewards for trading real world outcomes. It also builds on the exchange\u2019s growing sports sponsorship portfolio and could help drive volume in regulated event markets that some analysts see evolving into a multibillion dollar asset class.<\/p>\n Crypto.com\u2019s native token cronos is currently tracked on the\u00a0Crypto.com market cap page, alongside major assets like\u00a0bitcoin\u00a0and\u00a0ethereum, underscoring how deeply the exchange is embedded in both trading and fan facing products. In a previous\u00a0crypto.com launch report<\/a>, the company framed OG as a way for sports fans to \u201cact on uncertainty, capitalize on the future, and celebrate triumph\u201d in a regulated environment.<\/p>\n Prediction markets are also gaining traction elsewhere in crypto, with platforms like Polymarket continuing to prove that trading on probabilities can double as a powerful information aggregator. In a related\u00a0crypto.news feature, OG was cast as Crypto.com\u2019s bid to bring that model into a regulated U.S. framework, marrying trading mechanics with social leaderboards and sports obsessed communities.<\/p>\n 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\u2019s high speed, data heavy format can turn sailing into fertile ground for prediction market adoption. Whether fans treat OG\u2019s 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.<\/p>\nCrypto backed prediction markets hit the water<\/h2>\n
SailGP leans harder into betting<\/h2>\n