Galaxy Digital, Jump Trading Explore Prediction Markets: New Liquidity for the Sector?

Financial giants Galaxy Digital and Jump Trading are venturing deeper into prediction market platforms like Polymarket and Kalshi, leveraging their expertise to enhance liquidity and market-making services. This move signifies growing institutional interest in prediction markets, potentially boosting stability and impacting crypto trading dynamics. Galaxy’s CEO Mike Novogratz confirms active experimentation with market-making on these platforms, aiming to provide broader liquidity over time.