Zac Prince, head of Galaxy’s retail platform GalaxyOne, expressed skepticism about prediction markets for wealth-building clients, prioritizing long-term investment tools instead. The platform recently added Solana staking and plans Ethereum staking and associated lending products, focusing on services like its 8% yield offering and new business accounts to attract customers.
GalaxyOne head Zac Prince stated he is “not particularly excited” about prediction markets for clients building long-term wealth. He emphasized the retail investment platform’s recent support for Solana staking and planned lending products as more aligned with its roadmap.
Prince argued that prediction markets lack a clear use case for investors building a diversified, long-term portfolio. His sentiment was similar to recent commentary from Charles Schwab CEO Rick Wurster regarding limited prediction-market access.
The executive positioned GalaxyOne to serve investors focused on time in the market rather than active trading. This contrasts with competitors like Robinhood, which has embraced prediction markets through a partnership with Kalshi.
GalaxyOne began supporting Solana staking last month and plans to add Ethereum staking soon. Future lending services will let investors borrow against staked assets while still earning rewards.
Staking has become a key revenue diversifier for firms like Coinbase, which reported generating $677 million from it in 2025. Prince noted strong client interest in GalaxyOne’s premium yield product offering 8% returns on cash.
This week, Galaxy announced its platform would begin accepting U.S. business and entity customers. Prince stated this provides a unified solution for managing bank, brokerage, and crypto accounts.
