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Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report


Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report

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  • Galaxy Digital explores market-making partnerships with Polymarket and Kalshi platforms.
  • Novogratz confirms firm testing small-scale liquidity provision on prediction markets.
  • Institutional traders enter prediction space as regulatory barriers decline over time.

Galaxy Digital is exploring partnerships with prediction market platforms Polymarket and Kalshi to serve as a liquidity provider, according to a Bloomberg report. The firm’s CEO, Mike Novogratz, confirmed the company is testing market-making operations in the sector.

Novogratz told media that Galaxy Digital is currently conducting small-scale experiments with market-making on prediction platforms. He added that the firm plans to eventually provide liquidity across these markets at a larger scale.

Galaxy Tests Market-Making Infrastructure

The investment management firm would step in to buy and sell pre…

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