The post Galaxy Digital Targets $9B Predicticom. Galaxy Digital begins market-making experiments with Polymarket and Kalshi prediction platforms targeting $9B industry. Firm joins elite group including Susquehanna and Jump Trading, providing institutional liquidity to event markets. Mike Novogratz’s Galaxy Digital is making tactical changes to the fast-growing prediction markets sector to grab a portion of the $9 billion industry opportunity. The firm, which is primarily into crypto investments, is in talks with the top platforms Polymarket and Kalshi for liquidity provision, thus signaling the arrival of a new trend of the Wall Street to event-based trading. Strategic Liquidity Expansion Plans Galaxy Digital started small-scale market-making trials on prediction market platforms and is willing to increase the volume of operations depending on the results of the tests. Continuous bid-ask spreads will be made available by the company, thus improving market depth and trading efficiency for users of both exchanges. Novogratz also acknowledged the firm’s hesitating but daring strategy, expressing that they plan to provide wider liquidity services after the experiments show profitable results. Thus, Galaxy is now one of a few institutional players that are entering the space, along with Susquehanna International Group and Jump Trading. The timing coincides with Galaxy’s May 2024 Nasdaq listing under the ticker GLXY, which is a move that deepens its integration into the conventional U. S. capital markets. By executing this strategic move, the company is effectively combining its expertise in the crypto world with the day-to-day operations of the traditional financial industry, thus paving the way for services like cutting-edge market making. Prediction markets enable their users to trade binary contracts that are dependent on the results of real-world events, thus establishing price discovery mechanisms for virtually any kind of event, be it elections or sports. Polymarket and Kalshi are the two major players in the field with a total lifetime trading.
Tag: collaborations
Japan Business Intelligence Platforms Software Market Forecast: Global Growth Outlook till 2035
Prophecy Market Insights has released its latest research report on the Japan Business Intelligence Platforms Software Market, offering an in-depth study of market dynamics, growth drivers, opportunities, challenges, and competitive landscape shaping the industry’s future. The report provides detailed segmentation . Read more.
Research security measures to come online in 2026
Photo credits: Christophe Licoppe / European Union Initiatives to bolster research security in the EU, advanced by the European Commission on October 28, will soon filter down to researchers setting up projects. These include a due diligence platform to support researchers in assessing international cooperation risks.
Ranbir Kapoor to relaunch RK Studios with his directorial debut and collaborations with Ayan Mukerji, Deepika Padukone: Report
Actor Ranbir Kapoor is embarking on a heartfelt mission to revive the iconic RK Studios, originally established by his legendary grandfather Raj Kapoor, according to a report by Mid-Day. The revival is not just a business move but a tribute to the Kapoor family legacy, with Ranbir focusing on producing films that carry the spirit of RK Studios while infusing a modern voice to resonate with today’s audience. The report mentions that plans are well underway, with several scripts shortlisted and production anticipated to begin soon. As part of the revival, Ranbir aims to re-establish the studio as a prominent creative hub in Mumbai, possibly including an office space and screening theater to foster collaboration in the industry. The initiative also marks a continuation of his late father Rishi Kapoor’s dream to carry forward the family’s cinematic heritage. Alongside Ranbir’s directorial debut, the revived studio will back projects featuring some of Bollywood’s top talents, including collaborations with Deepika Padukone and director Ayan Mukerji. The reopening of RK Studios is expected to be a grand affair, paying homage to its golden era under Raj Kapoor, and serves as a symbolic passing of the torch to the next generation of filmmakers. This significant move further cements Ranbir Kapoor’s role not only as a leading actor but also as a custodian of one of Indian cinema’s most treasured legacies. RK Studios, established by the legendary Raj Kapoor in 1948, produced some of the most iconic films in Indian cinema including Awaara (1951), Barsaat (1949), Mera Naam Joker (1970), Bobby (1973), Satyam Shivam Sundaram (1978), Prem Rog (1982), and Ram Teri Ganga Maili (1985), which was Kapoor’s last film before his death. The last film produced under the RK Films banner was Aa Ab Laut Chalen (1999), directed by Rishi Kapoor. Over time, RK Studios faced a decline as the film industry shifted locations to Mumbai’s northern suburbs. The 2017 fire that gutted the studio during a reality show shoot was the final blow, destroying invaluable memorabilia, costumes, and the physical studio space. Due to the increasing maintenance costs and the impracticality of rebuilding, the Kapoor family decided to sell RK Studios, marking the end of an era for the historic studio, Also Read: BREAKING: Ranbir Kapoor’s Love And War bows out of Eid 2026 clash with Yash’s Toxic; to release post June 2026.
India’s biggest private satellite ‘Drishti’ to be launched next year
Bengaluru-based space-tech start-up GalaxEye is gearing up to launch India’s biggest privately built commercial satellite, “Drishti.”.
Timothée Chalamet’s ‘Marty Supreme’: Cast, crew, release date
Timothee Chalamet’s much-awaited film Marty Supreme had its world premiere at the New York Film Festival (NYFF) on Monday night (US time).
Timothée Chalamet’s ‘Marty Supreme’: Cast, crew, release date
Timothee Chalamet’s much-awaited film Marty Supreme had its world premiere at the New York Film Festival (NYFF) on Monday night (US time).
Yash to collaborate with PS Mithran for experimental sci-fi thriller?
Kannada superstar Yash, currently shooting for his upcoming film Toxic: A Fairytale for Grown-ups, may team up with Tamil filmmaker PS Mithran (Sardar) for a new project.