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Galaxy Digital launches OTC prediction market trading desk for institutions

Galaxy Digital has launched an over-the-counter prediction market trading desk for large institutional investors such as hedge funds and family offices. The desk trades non-sports event contracts on Kalshi and Polymarket, covering markets tied to economics, politics and geopolitics, and the company plans to expand the platform. It also offers a way to combine prediction market positions with stock and commodity hedges into a single event-based risk strategy.