Galaxy Digital Invests in Prediction Markets, Targeting $9 Billion Industry

Galaxy Digital is entering the prediction market sector with a strategic investment. The firm, known for its crypto investments, is partnering with Polymarket and Kalshi to provide liquidity to these platforms, aiming to capture a share of the growing $9 billion industry. This move marks Galaxy Digital’s foray into event-based trading, joining the ranks of institutions like Susquehanna International Group and Jump Trading.