Galaxy Digital, under the leadership of Mike Novogratz, is venturing into the world of digital prediction markets. The company’s initial steps involve experimental market making on platforms like Polymarket and Kalshi. Plans are underway to increase liquidity provision in the near future. Novogratz has shared his interest in these markets with Bloomberg, citing their potential for combining financial insights with data-driven investment strategies. Kalshi’s recent regulatory compliance with CFTC regulations has gained traction among institutional investors, surpassing Polymarket’s transaction volume since September. This shift brings an increased competitive dynamic to the prediction market landscape.