Galaxy enters institutional prediction markets with $10 million Arca trade

CoinDesk2h agoUpdated 1h ago
Galaxy enters institutional prediction markets with $10 million Arca trade
Smart Read

The digital asset firm launched OTC prediction markets trading for institutions and completed a $10 million trade tied to U.S. crypto legislation with hedge fund Arca....

Key takeaways

  • 1Galaxy Digital launched OTC prediction markets trading for institutions, completing a $10 million CLARITY Act trade with hedge fund Arca.
  • 2The service covers non-sports contracts on Kalshi and Polymarket, allowing clients to hedge positions across equities, commodities and other asset classes.
  • 3Galaxy aims to deepen liquidity and institutionalize prediction markets despite ongoing regulatory uncertainty in the U.S. digital asset sector.

Coins in this story

ETH
₹1,903.08
-4.93%

Why it matters

This institutional infrastructure entry signals prediction markets' mainstream adoption as macro hedging tools for serious investors. For Indian retail investors, it highlights growing legitimacy of event-driven markets and potential future regulatory frameworks that may influence India's own crypto policy stance.

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