Galaxy Digital is exploring becoming a liquidity provider for the prediction markets Polymarket and Kalshi.
BlockBeats News, November 25th, according to Bloomberg, Galaxy Digital Inc. is in discussions with Polymarket and Kalshi Inc. to become a liquidity provider on their platforms, as the prediction market continues to attract retail demand and pique Wall Street's interest, driving up the sector's popularity.
Galaxy Digital founder Mike Novogratz stated in an interview that Galaxy Digital has always focused on providing crypto infrastructure to institutions. If they enter as a market maker, they will provide regular quotes on these prediction trading platforms to enhance platform liquidity.
He said: "We are conducting small-scale experiments on market-making in prediction markets, but I believe you will eventually see us provide broader liquidity."
You may also like

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

What are the chances of a 5X MOONSHOT for HYPE?

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…