Galaxy enters institutional prediction markets with $10 million Arca trade

Bullish-50.12%
2 Jun, 19:17
Source: CoinDesk

AI Summary

Galaxy Digital expands into institutional prediction markets with a $10 million trade alongside Arca, signaling new revenue opportunities in crypto legislation-related derivatives.

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.