Zac Prince, the head of Galaxy's retail platform GalaxyOne, is urging retail cryptocurrency investors to increase staking and reduce prediction-market activity [1, 2].
This shift in guidance suggests a move away from high-risk speculation toward yield-generating assets. For retail users, the distinction between these two activities defines the difference between long-term wealth accumulation and short-term gambling.
Prince expressed a preference for users to adopt a more conservative approach to their digital assets. "We want retail investors to stake more and predict less," Prince said [2].
Staking allows investors to earn rewards by supporting the operation of a blockchain network, creating a steady stream of yield. In contrast, prediction markets allow users to bet on the outcome of future events, a practice Prince views as inconsistent with a stable investment strategy.
He noted that such speculative tools do not fit into a balanced financial plan. "I struggle to see prediction markets in diversified portfolios for long-term investors," Prince said [1].
The guidance comes as GalaxyOne continues to offer both services to its retail base. By encouraging staking, the platform promotes a model where investors hold assets over longer periods to capture network rewards, rather than risking capital on binary outcomes [1, 2].
“"We want retail investors to stake more and predict less."”
This pivot reflects a broader trend in the cryptocurrency industry to transition from a 'casino' phase toward institutional-grade financial products. By steering retail users toward staking, GalaxyOne is attempting to stabilize its user base and promote sustainable growth over the volatility associated with prediction markets.
