Galaxy Digital Opens Institutional OTC Prediction Markets Trading With $10 Million Arca Trade on CLARITY Act Outcomes
Galaxy said the service gives hedge funds and family offices access to larger, more discreet trades and includes a $10 million Arca transaction.
- On Tuesday, Galaxy Digital Inc. launched institutional OTC prediction market trading through its Global Markets trading desk, enabling hedge funds and family offices to access prediction market liquidity at institutional scales.
- Prediction markets like Kalshi and Polymarket have experienced rapid growth over the past two years, yet the sector has historically been dominated by retail traders, creating a gap for professional liquidity.
- Galaxy executed a $10 million trade with crypto-native hedge fund Arca, tied to the outcome of the proposed CLARITY Act, marking the service's immediate deployment.
- Jason Urban, Global Co-Head of Digital Assets at Galaxy, said the firm provides a "principal counterparty that can warehouse risk, build hedged strategies across asset classes, and execute at sizes and scale that actually matter."
- Industry observers say institutional participation could deepen liquidity and improve pricing efficiency, though critics caution that regulatory uncertainty remains a key challenge for the prediction market sector.
15 Articles
15 Articles
Galaxy Digital Opens Institutional OTC Prediction Markets Trading With $10 Million Arca Trade on CLARITY Act Outcomes
Galaxy Digital Inc. announced Tuesday the launch of institutional OTC prediction markets trading through its Global Markets trading desk, giving hedge funds, family offices, and other institutional clients access to prediction market liquidity at sizes and with a level of discretion not available through retail interfaces. The opening trade was structured. Arca, a crypto-native hedge fund, executed a $10 million position with Galaxy as principal…
Galaxy Digital Sets Up Prediction Market OTC Derivatives Desk
Crypto finance conglomerate Galaxy Digital Inc. has launched a trading desk to offer large investors better access to prediction markets via over-the-counter derivatives similar to those used in markets from interest rates to commodities.
Galaxy Digital Debuts Institutional OTC Desk for Prediction Market Trading
Key Takeaways Galaxy Digital unveiled an institutional OTC trading desk for prediction markets, becoming among the first major digital asset companies to offer this service. The inaugural transaction was a $10 million event contract with Arca, a crypto hedge fund, centered on the CLARITY Act’s passage timeline before 2027. This new desk functions under Galaxy’s Global Markets division and provides services for positions on Kalshi and Polymarket…
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