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CoinDesk·2 min read·medium

Galaxy enters institutional prediction markets with $10 million Arca trade

H
Helene Braun
Galaxy enters institutional prediction markets with $10 million Arca trade
AI Summary

Galaxy Digital has launched an over-the-counter (OTC) trading desk for institutional investors to participate in prediction markets. The firm recently facilitated a $10 million trade with hedge fund Arca, signaling a move to bring professional liquidity to event-driven contracts.

Why it matters

This development marks a significant step in the institutionalization of prediction markets, which are increasingly used for hedging political and economic risks.

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Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Galaxy enters institutional prediction markets with $10 million Arca trade 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. By Helene Braun , AI Boost | Edited by Nikhilesh De Jun 2, 2026, 7:17 p.m. 2 min read Make preferred on Jason Urban of Galaxy Digital (left) (Daniel Murray/Consensus) What to know : Galaxy Digital has launched an over-the-counter prediction markets trading service for institutional investors, offering large-scale access to event-driven contracts tied to political, economic and geopolitical outcomes. The new desk will initially focus on non-sports contracts listed on Kalshi and Polymarket and lets clients pair these positions with hedges across equities, commodities and other asset classes to build broader event-driven strategies, the company said. By acting as a principal counterparty and facilitating large trades such as a $10 million CLARITY Act wager with hedge fund Arca, Galaxy aims to deepen liquidity, attract professional investors and further institutionalize prediction markets despite ongoing regulatory uncertainty. Galaxy Digital (GLXY) said Tuesday it had launched over-the-counter (OTC) prediction markets trading for institutional investors, becoming one of the first major digital asset firms to offer large-scale access to event-driven markets through a bilateral trading framework.

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Confidence: 85%

The report provides a factual account of a business launch and a specific trade without editorializing.

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