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Galaxy Digital and Jump Trading expand into the prediction market
Bloomberg reported that Galaxy Digital CEO, Mike Novogratz, said the company is in talks with Polymarket and Kalshi to provide liquidity for prediction markets. Galaxy has begun small-scale market-making trials and plans to expand significantly in the near future.
This move shows that Galaxy is seeking opportunities in the field of prediction markets (prediction markets) – a sector that is rapidly growing due to the demand for betting on election outcomes, economic events, and market fluctuations.
At the same time, Jump Trading has also quietly begun market-making activities on Kalshi, demonstrating the increasing interest of professional trading institutions in this emerging yet highly promising market type.