Cryptocurrency
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Analysis
  • Scam Alert
  • Regulations
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Cryptocurrency
No Result
View All Result
Home Web3

GalaxyOne Head Wants Retail Investors to Stake More, Predict Less – Decrypt

19/04/2026
in Web3
Reading Time: 5 mins read
0 0
A A
0



In short

GalaxyOne Head Zac Prince mentioned he’s “not significantly excited” about prediction markets with regards to enabling prospects to construct long-term wealth.
The chief highlighted the retail funding platform’s latest help of Solana staking and related lending merchandise within the agency’s pipeline.
Staking has enabled opponents like Coinbase to diversify income, whereas others like Robinhood have embraced prediction markets as progress drivers.

For Galaxy’s retail funding platform, enabling prospects to wager on the information isn’t a precedence, in response to Zac Prince, head of GalaxyOne. Fairly, the service that debuted in October is being in-built a manner that’s meant to reward traders’ endurance, he instructed Decrypt.

Inside the context of Galaxy’s broader enterprise, Prince mentioned the monetary companies and funding administration agency is already in place so far as prediction markets are involved, offering institutional shoppers with inner buying and selling and threat administration.

In terms of shoppers that GalaxyOne was constructed for, who’ve wherever between $100,000 and $1 million in investible property, he described prediction markets as instruments that will not align with many prosperous shoppers for constructing long-term wealth.

Advertise here
Advertise here

“For particular person shoppers, I’m not significantly enthusiastic about it versus different issues now we have on our roadmap,” he mentioned. “I haven’t been capable of finding a use case for somebody who’s constructing a diversified portfolio—that they’re going to allocate to for the long run—for prediction markets.”



In some methods, the sentiment echoes commentary from Charles Schwab President and CEO Rick Wurster, who indicated this week that America’s largest low cost brokerage would restrict prediction-market entry to wagers centered on monetary occasions if it enters that territory.

Prince argued that there are two methods to achieve success as a consumer-facing monetary companies providing: cater to traders who need time available in the market to be the driving pressure, like Vanguard or Betterment, or search prospects that view themselves as lively merchants. 

Retail brokerages like Robinhood have embraced prediction markets by working with Kalshi, offering what analysts have described as a sports-fueled tailwind. Nonetheless, Prince indicated GalaxyOne isn’t making an attempt to develop a platform “the place you need folks to log in daily.”

GalaxyOne started supporting Solana staking final month, enabling people to earn rewards by locking up tokens and taking part within the means of validating the community’s transactions. Within the not-too-distant future, Prince mentioned that GalaxyOne plans to help Ethereum staking.

Till the top of this 12 months, the agency has waived commissions on Solana staking rewards that prospects obtain. Lending companies that GalaxyOne plans to supply sooner or later will enable traders to borrow towards staked Solana and Ethereum whereas nonetheless incomes rewards. 

“We’re actually enthusiastic about that product,” Prince added.

Staking has enabled opponents like Coinbase to diversify income away from a reliance on buying and selling charges, which are likely to fluctuate alongside market situations. The crypto change disclosed in February that it generated $677 million from staking in 2025, down 4% year-over-year, citing decrease common crypto costs in a shareholder letter.

Presently, GalaxyOne’s prospects are displaying a desire for 8% returns on money that the platform’s “premium yield” product helps, Prince mentioned, describing the providing as among the many most differentiated that the corporate has debuted up to now.

This week, Galaxy introduced that its retail funding platform was poised to start accepting U.S. companies and entities as prospects. Prince famous that the transfer offers an all-in-one place for these prospects to handle financial institution, brokerage, and crypto accounts.

“I feel enterprise accounts will get some traction as a result of it’s comparatively distinctive,” Prince mentioned. “For people, there’s different platforms which have that.”

Each day Debrief E-newsletter

Begin daily with the highest information tales proper now, plus authentic options, a podcast, movies and extra.



Source link

Advertise here
Previous Post

What Is The XLS-66 And What Does It Mean For XRP Holders? | Bitcoinist.com

Next Post

Ethereum Signals Major Reversal – $2,900 Target Back In Focus

Related Posts

Web3

Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel – Decrypt

24/10/2026
Web3

OpenAI, Google and Meta battle for AI internet domains as crypto firms target .bitcoin and .wallet

24/10/2026
Elon Musk’s xAI Sues Minnesota to Kill the US’s First AI Nudification Law – Decrypt
Web3

Elon Musk’s xAI Sues Minnesota to Kill the US’s First AI Nudification Law – Decrypt

30/07/2026
Web3

Markets Don’t Buy the US Ceasefire Against Iran Will Last – Decrypt

29/07/2026
Crypto Firms Pivoting to AI Is ‘Zero-Sum’ Thinking: Coinbase CEO – Decrypt
Web3

Crypto Firms Pivoting to AI Is ‘Zero-Sum’ Thinking: Coinbase CEO – Decrypt

27/07/2026
Web3

What Is an AI Kill Switch and Why Do US Lawmakers Want One? – Decrypt

25/07/2026
Next Post

Ethereum Signals Major Reversal - $2,900 Target Back In Focus

Warren Accuses SEC Chair Atkins of Misleading Congress on Enforcement Drop

Iran Ceasefire Drives Bitcoin Above ,000, But Can It Push It To 0,000?

Iran Ceasefire Drives Bitcoin Above $75,000, But Can It Push It To $100,000?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertise here
Facebook Twitter Instagram Youtube RSS
Cryptocurrency

Stay ahead in the world of crypto with Cryptocurrency — your trusted source for breaking blockchain news, DeFi trends, expert insights, and digital asset updates, all in one place.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copytighy © 2025 Cryptocurrency.
Cryptocurrency is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Analysis
  • Scam Alert
  • Regulations

Copytighy © 2025 Cryptocurrency.
Cryptocurrency is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In