Crypto.com Derivatives NA

September 16, 2026
Named in Missouri's six-operator cease-and-desist order
Missouri AG Catherine Hanaway ordered Crypto.com, alongside five other operators, to stop offering sports event contracts to Missouri residents within 30 days or obtain a license from the Missouri Gaming Commission, saying she expects a settlement effort before any lawsuit (enf-mo-ag-six).
September 11, 2026
Its Nadex unit filed a Supreme Court cert petition on the same Nevada ruling as Kalshi and Robinhood
North American Derivatives Exchange, Crypto.com's CFTC-registered DCM unit, filed its own petition for a writ of certiorari on or about September 11, 2026, seeking Supreme Court review of the Ninth Circuit's August 28 ruling upholding Nevada's cease-and-desist against sports-event contracts (law-kalshi-v-hendrick-nv); Crypto.com confirmed the filing to trade press the same week, alongside Robinhood's parallel September 9 petition.
September 10, 2026
Named in Connecticut's nine-operator cease-and-desist order
Connecticut's Department of Consumer Protection ordered Crypto.com, alongside eight other operators, to stop offering sports event contracts to Connecticut residents and to let existing customers withdraw funds, part of a nearly-30-subpoena escalation of the state's enforcement campaign (enf-ct-dcp-nine).
September 8, 2026
Robinhood took equity stakes in Crypto.com and OG.com in new distribution deal
Robinhood agreed to take equity stakes in Crypto.com and its prediction-markets spinout OG.com, priced in line with Citadel Securities' July $400M investment valuing the Crypto.com group at $20B (including a standalone $5B valuation for OG.com), and will route retail event-contract volume through OG.com's CFTC-regulated exchange and clearinghouse starting September 8 — what Crypto.com called OG.com's largest B2B prediction-markets partnership by volume.
September 2, 2026
Named as one of several co-defendants
Named as one of several co-defendants (alongside lead defendants DraftKings and Polymarket, plus CME, Robinhood, and a group of market-making firms) in Hughes v. DraftKings (Charleston County, SC, surfaced September 2, 2026); the suit's core unlicensed-gambling theory targets DraftKings' and Polymarket's own sports-event contracts, adding to Crypto.com's existing multi-state litigation exposure without a distinct new theory against it specifically.

Show 11 earlier developments

September 1, 2026
Prospect Markets executed a definitive agreement to launch US sports-event contracts via CDNA and OG Broker
TSXV-listed Prospect Prediction Markets announced September 1-2, 2026 that its subsidiary Prospect Brokerage USA executed a definitive agreement with Crypto.com | Derivatives North America (CDNA, the CFTC-registered DCM/DCO) and OG Broker (Foris DAX FCM LLC), converting the July 7 non-binding letter of intent into a signed distribution deal; CDNA supplies the event contracts, Prospect Brokerage USA is the introducing broker, and OG Broker is the FCM, targeting a Q3 2026 launch ahead of the NFL and NBA seasons. The deal lands the same week CDNA's chief technology officer Steve Goodsell departed, per SBC Americas' September 3 executive-moves roundup, continuing the leadership churn that has run through the unit since May (ai-cryptocom-20260905).
August 5, 2026
On August 5, 2026, became the exclusive sports/novelty contract supplier for FanDuel Predicts, replacing CME
On August 5, 2026, became the exclusive sports/novelty contract supplier for FanDuel Predicts, replacing CME in that role after CME CEO Terry Duffy distanced the exchange from sportsbook-style products.
August 5, 2026
Picked up all sports and novelty event-contract supply for Flutter's FanDuel Predicts JV from CME effective
Picked up all sports and novelty event-contract supply for Flutter's FanDuel Predicts JV from CME effective August 5, 2026, expanding its distribution footprint even as its own multi-state litigation exposure is unchanged.
July 29, 2026
On July 29, 2026, a federal court denied the CFTC's bid to shield Crypto.com and its co-defendants
On July 29, 2026, a federal court denied the CFTC's bid to shield Crypto.com and its co-defendants from Wisconsin's enforcement suits, which may now proceed.
July 22, 2026
Its Nadex/OG unit (North American Derivatives Exchange) filed its own federal preemption suit against
Its Nadex/OG unit (North American Derivatives Exchange) filed its own federal preemption suit against Washington (July 22), two days after Washington's injunction against Kalshi.
July 16, 2026
Citadel Securities took a $400M stake in parent Crypto.com at a $20B valuation (July 16)
Citadel Securities took a $400M stake in parent Crypto.com at a $20B valuation (July 16), its first institutional funding round, with proceeds earmarked partly for prediction-markets expansion.
July 7, 2026
Sports-focused platform Prospect Markets signed a non-binding letter of intent (July 7) to launch sports-event
Sports-focused platform Prospect Markets signed a non-binding letter of intent (July 7) to launch sports-event contracts through Crypto.com-affiliated OG Broker and NADEX, targeting a Q3 2026 launch subject to definitive agreements.
May 2026
May 2026 saw the departure of Global Head of Predictions Travis McGhee alongside CMO Steven Kalifowitz
May 2026 saw the departure of Global Head of Predictions Travis McGhee alongside CMO Steven Kalifowitz and Chief Legal Officer Nick Lundgren — a senior-leadership void at a critical scaling moment.
May 2026
Lost its prediction-markets leadership in May 2026 with the departure of Travis McGhee
April 23, 2026
Wisconsin AG sued the company April 23, 2026 alongside Kalshi, Polymarket, Robinhood, and Coinbase
March 2025
SEC closed its Crypto.com investigation without action in March 2025

Regulatory history

Recent activity

Sia Insights

Sia's analysis from broader market, trading, and industry-press signals. Not a primary regulatory source and not legal advice.

Sep 17, 2026cryptocomnadexsingle-stock-futuressecperpetuals
Crypto.com's Nadex unit registered with the SEC to trade security futures products, effective September 14, 2026, clearing the way for single-stock futures in the US. CEO Kris Marszalek said the company is working with both the SEC and CFTC toward single-stock perpetual futures that would combine digital-asset market structure with US capital markets, extending Crypto.com's derivatives stack beyond its existing event-contract business the same month Robinhood took equity stakes in Crypto.com and OG.com to route prediction-market volume through them (comp-robinhood). It mirrors Kalshi's own pending 60-contract single-stock and ETF perpetual filing, putting two of the sector's largest operators on parallel paths toward the same product just as Citadel Securities is publicly warning regulators about the jurisdictional and surveillance gaps that structure would create.
Sep 5, 2026cryptocomprospect-marketsleadership-churndistribution
Crypto.com's CDNA unit landed a genuine distribution win on September 1-2 — Prospect Markets upgrading its July letter of intent into a definitive, signed agreement for US sports-event contracts ahead of the NFL and NBA seasons — in the same week CDNA's chief technology officer departed, per SBC Americas' executive-moves tracker. The juxtaposition fits the pattern since May: CDNA keeps winning distribution deals (FanDuel Predicts in August, now Prospect) faster than it is stabilizing its own leadership bench, leaving execution risk on the new agreement's Q3 timeline as much a question as the deal itself.
Aug 18, 2026infrastructureinstitutionalog-comproduct-launch
Trading Technologies announced on August 18 that it will support connectivity to OG.com, Crypto.com's CFTC-registered DCM/DCO, with the integration live in Q4 2026 and full support for Crypto.com's new margin-based crypto futures at launch. Paired with Crypto.com Derivatives North America's existing prediction-contract lineup and the July Citadel Securities investment, it points to Crypto.com building out institutional-grade trading infrastructure around its prediction-market and derivatives stack rather than treating event contracts as a standalone retail product.
Jul 31, 2026partnershipdistributionleadership-gap
Crypto.com's CDNA venue picked up a July 7 non-binding letter of intent with Prospect Markets to bring sports-based event contracts through OG Broker and NADEX, targeting a Q3 2026 launch still contingent on definitive agreements. A reported July 27 conversation about Robinhood carrying Crypto.com's contracts would be a meaningful distribution win if it materializes, following the May leadership departures that had left the predictions unit without its senior team.

Scoring is illustrative and based on public information. SiaPredict does not provide legal advice.