DeFi Daily News
Sunday, April 19, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

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

André Beganski by André Beganski
April 18, 2026
in Web 3
0 0
0
rewrite this title GalaxyOne Head Wants Retail Investors to Stake More, Predict Less – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

In brief

GalaxyOne Head Zac Prince said he’s “not particularly excited” about prediction markets when it comes to enabling customers to build long-term wealth.
The executive highlighted the retail investment platform’s recent support of Solana staking and associated lending products in the firm’s pipeline.
Staking has enabled competitors like Coinbase to diversify revenue, while others like Robinhood have embraced prediction markets as growth drivers.

For Galaxy’s retail investment platform, enabling customers to bet on the news isn’t a priority, according to Zac Prince, head of GalaxyOne. Rather, the service that debuted in October is being built in a way that’s intended to reward investors’ patience, he told Decrypt.

Within the context of Galaxy’s broader business, Prince said the financial services and investment management firm is already in a good place as far as prediction markets are concerned, providing institutional clients with internal trading and risk management.

When it comes to consumers that GalaxyOne was built for, who have anywhere between $100,000 and $1 million in investible assets, he described prediction markets as tools that may not align with many affluent consumers for building long-term wealth.

“For individual consumers, I’m not particularly excited about it versus other things we have on our roadmap,” he said. “I haven’t been able to find a use case for someone who’s building a diversified portfolio—that they’re going to allocate to for the long term—for prediction markets.”



In some ways, the sentiment echoes commentary from Charles Schwab President and CEO Rick Wurster, who indicated this week that America’s largest discount brokerage would limit prediction-market access to wagers focused on financial events if it enters that territory.

Prince argued that there are two ways to be successful as a consumer-facing financial services offering: cater to investors who want time in the market to be the driving force, like Vanguard or Betterment, or seek customers that view themselves as active traders. 

Retail brokerages like Robinhood have embraced prediction markets by working with Kalshi, providing what analysts have described as a sports-fueled tailwind. Still, Prince indicated GalaxyOne isn’t trying to develop a platform “where you want people to log in every day.”

GalaxyOne began supporting Solana staking last month, enabling individuals to earn rewards by locking up tokens and participating in the process of validating the network’s transactions. In the not-too-distant future, Prince said that GalaxyOne plans to support Ethereum staking.

Until the end of this year, the firm has waived commissions on Solana staking rewards that customers receive. Lending services that GalaxyOne plans to offer in the future will allow investors to borrow against staked Solana and Ethereum while still earning rewards. 

“We’re really excited about that product,” Prince added.

Staking has enabled competitors like Coinbase to diversify revenue away from a reliance on trading fees, which tend to fluctuate alongside market conditions. The crypto exchange disclosed in February that it generated $677 million from staking in 2025, down 4% year-over-year, citing lower average crypto prices in a shareholder letter.

Currently, GalaxyOne’s customers are showing a preference for 8% returns on cash that the platform’s “premium yield” product supports, Prince said, describing the offering as among the most differentiated that the company has debuted so far.

This week, Galaxy announced that its retail investment platform was poised to begin accepting U.S. businesses and entities as customers. Prince noted that the move provides an all-in-one place for those customers to manage bank, brokerage, and crypto accounts.

“I think business accounts will get some traction because it is relatively unique,” Prince said. “For individuals, there’s other platforms that have that.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: DecryptGalaxyOneInvestorsPredictRetailrewritestaketitle
ShareTweetShare
Previous Post

rewrite this title Amazon’s new Fire TV Stick HD signals the end of sideloading

Next Post

rewrite this title NFL’s decision on Mike Vrabel regarding Dianna Russini controversy could backfire

Next Post
rewrite this title NFL’s decision on Mike Vrabel regarding Dianna Russini controversy could backfire

rewrite this title NFL's decision on Mike Vrabel regarding Dianna Russini controversy could backfire

Leave a Reply Cancel reply

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

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

May 21, 2025
Fed rate cut likely to be delayed by political uncertainty, strategist says

Fed rate cut likely to be delayed by political uncertainty, strategist says

July 1, 2024
rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

April 3, 2025
rewrite this title 10 Tools That Will Give Crypto Traders A Predictive Edge In 2026

rewrite this title 10 Tools That Will Give Crypto Traders A Predictive Edge In 2026

December 14, 2025
rewrite this title Nvidia Merges Supercomputers and Quantum Computers with NVQLink | Metaverse Planet

rewrite this title Nvidia Merges Supercomputers and Quantum Computers with NVQLink | Metaverse Planet

November 19, 2025
The Best Alternative to QuickNode Streams for Easily Streaming Real-Time Web3 Data – Moralis Web3 | High-Quality Enterprise-Grade Web3 APIs

The Best Alternative to QuickNode Streams for Easily Streaming Real-Time Web3 Data – Moralis Web3 | High-Quality Enterprise-Grade Web3 APIs

July 10, 2024
rewrite this title ‘American Solitaire’: What to Know About the Cast, Plot, Release Date & Where to Watch

rewrite this title ‘American Solitaire’: What to Know About the Cast, Plot, Release Date & Where to Watch

April 18, 2026
rewrite this title European review: Napoli and Dortmund both lose to all but end title hopes

rewrite this title European review: Napoli and Dortmund both lose to all but end title hopes

April 18, 2026
rewrite this title Congress on verge of making regulated dollar stablecoins act almost like digital cash

rewrite this title Congress on verge of making regulated dollar stablecoins act almost like digital cash

April 18, 2026
rewrite this title Pakistani Kima Recipe

rewrite this title Pakistani Kima Recipe

April 18, 2026
rewrite this title NFL’s decision on Mike Vrabel regarding Dianna Russini controversy could backfire

rewrite this title NFL’s decision on Mike Vrabel regarding Dianna Russini controversy could backfire

April 18, 2026
rewrite this title GalaxyOne Head Wants Retail Investors to Stake More, Predict Less – Decrypt

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

April 18, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily 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
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.