Galaxy enters institutional prediction market through a $10 million Arca deal.

Galaxy Digital has launched an over-the-counter prediction market trading service for institutional investors, becoming one of the first major digital asset companies to offer large-scale event-driven market access through a bilateral trading framework. Offered through its global market trading desk, the service allows institutional investors such as hedge funds and family offices to trade contracts related to political, economic, and geopolitical events, while gaining access to liquidity and trading volume typically unavailable on retail prediction market platforms. Initially, the service covers non-sports event contracts traded on Kalshi and Polymarket, with plans to expand to more venues. Jason Urban, Global Co-Head of Digital Assets at Galaxy, stated that event-driven markets are becoming a core tool for sophisticated investors to express macroeconomic views, requiring matching institutional infrastructure. As part of the launch, Galaxy completed a $10 million transaction related to the outcome of the CLARITY Act with crypto hedge fund Arca.