Zac Prince, head of GalaxyOne, has emphasized that the firm’s retail investment platform is designed to reward patience rather than encourage speculative betting on news events. The service, launched in October, was discussed by Prince with Decrypt as part of a broader strategy not primarily focused on prediction markets.
Galaxy, which provides financial services and investment management, already utilizes prediction markets for institutional clients’ internal trading and risk management, according to Prince. However, he believes that prediction markets may not suit affluent consumers aiming to build long-term wealth, especially those with investible assets ranging from $100,000 to $1 million.
“I’m not particularly excited about it compared to other roadmap items,” Prince remarked on the utility of prediction markets for individual investors who focus on long-term diversified portfolios. This viewpoint is reminiscent of comments by Charles Schwab CEO Rick Wurster, who stated this week that America’s largest discount brokerage might limit prediction market access to financial event wagers if it ventures into that space.
Prince argues that successful consumer-facing financial services should either cater to those relying on time in the market for investment success, similar to Vanguard or Betterment, or target active traders. While retail brokerages like Robinhood have embraced prediction markets by partnering with Kalshi—a move seen as sports-fueled growth—GalaxyOne isn’t aiming to create a daily-log-in platform.
Last month, GalaxyOne began supporting Solana staking, allowing individuals to earn rewards through token locking and participation in transaction validation. Prince announced plans for future Ethereum staking support on the platform. Until year’s end, commission waivers will apply to Solana staking rewards earned by customers. Future lending services will enable investors to borrow against staked Solana and Ethereum while still accruing rewards.
“We’re really excited about that product,” added Prince. Staking has allowed rivals like Coinbase to diversify revenue beyond trading fees, which are market-dependent. In February, Coinbase reported $677 million in staking revenue for 2025—a 4% decrease from the previous year due to lower average crypto prices, as noted in a shareholder letter.
Currently, GalaxyOne’s customers prefer an 8% return on cash via the platform’s “premium yield” product, which Prince highlights as one of the company’s most distinct offerings. This week, Galaxy announced that its retail investment platform would soon accept U.S. businesses and entities, providing them with a unified management solution for bank, brokerage, and crypto accounts.
“I think business accounts will gain traction due to their uniqueness,” said Prince, noting that individual-focused platforms already offer similar services.