
In short
- GalaxyOne Head Zac Prince said he is “not really happy” with the prediction markets when it comes to getting clients to make long-term wealth.
- The manager highlighted Solana’s recent support for staking and leasing products related to the company.
- Staking has helped competitors like Coinbase diversify, while others like Robinhood have embraced prediction markets as a growth driver.
On Galaxy’s e-commerce platform, giving customers a bet on a product is not necessary, according to Zac Prince, CEO of GalaxyOne. Instead, that service first appearance in October is being built in a way that rewards the patience of investors, he said Decrypt.
In terms of Galaxy’s core business, Prince said financial services and asset management companies are already in a good position to adopt predictive markets, provide institutional clients with insider trading and risk management.
When it comes to consumers for whom GalaxyOne is designed, those who have between $ 100,000 and $ 1 million in assets, he described the prediction market as a tool that will not suit most wealthy consumers in building long-term wealth.
“For the individual consumer, I’m not very happy with some of the things we have on our map,” he said. “I couldn’t find a way to use someone who is building different sites – which can provide long-term – prediction markets.”
In other words, ideas mesh A comment from Charles Schwab President and CEO Rick Wurster, who pointed out this week that the large discount in America returns reduces the chance of predicting the market of wagers that focus on economic events if they enter the region.
Prince said that there are two ways to get money to help consumers: to give money to investors who want to drive the market time, such as Vanguard or Betterment, or to seek clients who consider themselves traders.
Brokerage firms like Robinhood have embraced prediction markets by working with Kalshi, offering what experts describe as tailgating game. However, Prince said that GalaxyOne is not trying to create a platform “where you want people to log in every day.”
GalaxyOne started supporting it Solana staking last month, enabling people to earn rewards for locking up tokens and participating in the process of verifying online transactions. Recently, Prince said GalaxyOne plans to support it Ethereum staking.
Until the end of this year, the company has stopped paying commissions on Solana rewards that customers receive. The lending services that GalaxyOne plans to offer in the future will allow investors to borrow against Solana and Ethereum at risk while still receiving rewards.
“We are very happy with this transaction,” added Prince.
Staking has helped competitors like Coinbase to to differentiate the money away from relying on trading capital, which tends to fluctuate in line with the market. The crypto exchange revealed in February that it made $677 million from the transaction in 2025, down 4% year-on-year, citing low crypto prices in share letter.
Meanwhile, GalaxyOne customers are showing interest in the 8% return on investment that the platform’s “premium yield” supports, Prince said, explaining that the offering is one of the most diverse the company has released to date.
This week, Galaxy announced that its e-commerce platform is about to begin accepting US businesses and organizations as customers. Prince said the move will provide a single place for customers to manage their bank, brokerage, and crypto accounts.
“I think business accounts are going to get attention because they’re unique,” Prince said. “For individuals, there are other platforms that have this.”
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