Galaxy Digital Enters Institutional Prediction Markets With $10 Million Arca Trade

Prediction markets allow investors to trade on the likelihood of outcomes involving elections, central-bank decisions or regulation. Retail platforms have historically dominated the sector, while large institutions have faced constraints involving liquidity, trade size and privacy. Digital-asset company Galaxy Digital is combining over-the-counter trading with cross-asset hedging tools in an effort to bring event-driven trading into institutional portfolios.

On June 2, 2026, Galaxy Digital launched an institutional over-the-counter prediction-market service through its Global Markets trading desk, initially covering non-sports contracts on Kalshi and Polymarket. At launch, Galaxy executed a $10 million bilateral trade for crypto hedge fund Arca betting on whether the U.S. CLARITY Act would pass.