Galaxy Digital Partners with Prediction Market Platforms to Boost Liquidity in Crypto Markets

Galaxy Digital, led by Mike Novogratz, is exploring opportunities within the prediction market sector, aiming to provide liquidity and shape decentralized finance (DeFi). The firm is currently engaged in discussions with Polymarket and Kalshi, two prominent decentralized platforms for event-driven trading. This move signifies a significant shift from traditional gambling models, as Galaxy Digital seeks to establish long-term impact on prediction markets.