River Markets is positioning itself as a central distribution gateway for institutional prediction markets, signing a preliminary agreement to route orders for both OG.com’s event contracts and Crypto.com’s crypto spot liquidity through a single trading interface.

Under a memorandum of understanding signed on 20 October, River would become a distribution channel for both venues, allowing hedge funds and quantitative desks to work with event contracts and digital assets through one interface.

Under the memorandum of understanding signed on 20 October, River would serve as an external distribution channel for both venues, pitching macro funds and systematic desks a unified order-routing layer.

The agreement builds on River’s $8.5 million funding round in August. The company raised the money to develop execution and prime-brokerage tools for firms trading across prediction-market venues, where positions and liquidity are often spread between separate platforms.

The proposed connection would add OG.com’s contracts to that network and extend River’s offering to crypto spot markets.

Under the plan, River would provide the client-facing platform, order routing and risk tools. OG.com would supply event contracts through its CFTC-regulated exchange and clearinghouse, while Crypto.com Exchange would provide digital-asset spot liquidity. The two venues would serve different parts of the proposed offering.

Hedge funds and trading desks will be able to access those markets through River’s existing workflow instead of building separate connections to each venue.

The arrangement would broaden the assets available through River, though the companies have not described a shared collateral or settlement system for spot trades and event contracts.

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