Galaxy’s retail arm is pitching patience over day-trading: GalaxyOne’s head Zac Prince says the platform is focused on products that reward long-term investors, not on turning customers into prediction-market bettors.
Launched in October, GalaxyOne sits within a broader Galaxy business that already supports institutional trading and risk management — including prediction markets. But Prince told Decrypt that those markets aren’t a natural fit for the platform’s target retail users, who typically have $100,000 to $1 million in investible assets. “For individual consumers, I’m not particularly excited about [prediction markets] versus other things we have on our roadmap,” he said, noting he hasn’t found a use case for prediction markets within a diversified, long-term portfolio.
That stance mirrors comments from other mainstream brokerages. This week Charles Schwab CEO Rick Wurster suggested Schwab would limit prediction-market access if it enters that space, keeping wagers focused on financial events. Prince framed the choice for consumer-facing finance firms as binary: either build for investors who succeed by time in market (think Vanguard or Betterment), or build for active traders who log in daily. GalaxyOne is aiming for the former.
Instead, GalaxyOne has prioritized staking and yield products. The platform began supporting Solana staking last month and plans to add Ethereum staking in the near future. Galaxy has waived commissions on customers’ Solana staking rewards through the end of the year, and is developing lending features that will let clients borrow against staked Sol and ETH while continuing to earn rewards — a product Prince calls “really exciting.”
Staking has become an important revenue diversifier for exchanges. Coinbase, for example, reported $677 million in staking revenue for 2025 (down 4% year-over-year), highlighting how staking income can offset volatile trading fees. On GalaxyOne, customers have shown strong appetite for yield products: Prince said many are opting into the platform’s “premium yield” cash offering, which is delivering roughly 8% returns and is among the company’s most differentiated launches so far.
GalaxyOne is also broadening its customer base. This week the firm said the platform will begin accepting U.S. businesses and entities, offering an all-in-one place to manage bank, brokerage, and crypto accounts. “I think business accounts will get some traction because it is relatively unique,” Prince said, adding that individual customers have more options elsewhere.
Bottom line: GalaxyOne looks to compete by building long-term, yield-focused products — staking, lending against staked assets, and attractive cash yields — rather than courting daily prediction-market bettors.
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