GalaxyOne, a retail investment platform targeting affluent individuals, is prioritizing staking and lending products over prediction markets, according to its head, Zac Prince. Prince stated he is "not particularly excited" about prediction markets for enabling customers to build long-term wealth, emphasizing a focus on rewarding investor patience.
The platform, which debuted in October, is designed to cater to investors with $100,000 to $1 million in investable assets. Prince believes prediction markets may not align with the goals of many affluent consumers seeking sustainable long-term wealth growth. He contrasts this with strategies that emphasize "time in the market," similar to established players like Vanguard or Betterment.
GalaxyOne has begun supporting Solana staking, allowing users to earn rewards by locking up tokens and participating in network validation. Future plans include support for Ethereum staking. The firm is also developing lending services that will permit investors to borrow against staked assets while continuing to earn rewards.
This strategic shift contrasts with competitors like Robinhood, which have embraced prediction markets. Staking has proven to be a successful revenue diversification strategy for platforms like Coinbase, which generated significant income from staking services in 2025. Currently, GalaxyOne customers are showing strong interest in its "premium yield" product, which offers an 8% return on cash.
In a recent development, Galaxy announced its retail platform will begin accepting U.S. businesses and entities, offering an integrated solution for managing bank, brokerage, and crypto accounts.