Mike Novogratz's Galaxy Digital is reportedly negotiating with Polymarket and Kalshi about pumping liquidity into prediction markets. They've already kicked off some small-scale market-making tests and are looking to scale up operations. Meanwhile, Jump Trading has been quietly dipping their toes into this space too. Looks like institutional players are starting to take prediction markets seriously as a new frontier.
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GasFeeCryBaby
· 11-28 04:21
Nah, this time it's really interesting. Large institutions are starting to play with prediction markets, I feel like the trend is about to change.
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ReverseTradingGuru
· 11-27 14:02
The prediction market is indeed starting to rise, and large institutions are stirring...
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OnChainDetective
· 11-26 10:20
ngl the "small-scale tests" line always gets me... institutional money never actually does things small lmao, wallet clustering on these trades probably tells a very different story than the pr narrative
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GasFeeVictim
· 11-25 06:57
Nah, these big institutions have finally woken up. Where were they before?
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ClassicDumpster
· 11-25 06:55
Wow, these institutional players finally can't sit still, is the prediction market going to da moon?
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tx_or_didn't_happen
· 11-25 06:54
I should have entered the market earlier; the next big opportunity in the prediction market is really not just bull.
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GateUser-e19e9c10
· 11-25 06:53
Nah, Jump Trading quietly entering the scene is what's really interesting. With major institutions coming in, can prediction markets be far behind?
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BearMarketLightning
· 11-25 06:45
Ha, these institutions have finally discovered the oil and water in the prediction market, just a bit slow on the uptake.
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MetaMaskVictim
· 11-25 06:42
Damn, it's those institutions buying the dip again. If I had gotten in earlier, I would've made a fortune.
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FancyResearchLab
· 11-25 06:34
Here it comes again, large institutions are starting to play with prediction markets. I said this thing should theoretically work... But whether it can actually be implemented still depends on whether the liquidity is deep enough. Galaxy Digital is really bold, I hope they’re not locking themselves in again.
Mike Novogratz's Galaxy Digital is reportedly negotiating with Polymarket and Kalshi about pumping liquidity into prediction markets. They've already kicked off some small-scale market-making tests and are looking to scale up operations. Meanwhile, Jump Trading has been quietly dipping their toes into this space too. Looks like institutional players are starting to take prediction markets seriously as a new frontier.