On November 25, according to Bloomberg, Galaxy Digital Inc. is in talks with Polymarket and Kalshi Inc. to become liquidity providers on their platforms, as the prediction market continues to attract retail demand and draw Wall Street interest, increasing the sector's momentum.
Galaxy Digital founder Mike Novogratz stated in an interview that Galaxy Digital has been focused on providing crypto infrastructure for institutions, and if entering as a market maker, it will provide regular quotes on these prediction trading platforms to enhance platform liquidity. He said: "We are conducting small-scale experiments with market making in prediction markets, but I think eventually you will see us providing broader liquidity."
All Comments