# Galaxy Webinar Examines Prediction Markets Ahead of 2026 U.S. Midterms

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/28530
Published: 2026-10-08T21:07:12.000Z
Updated: 2026-10-08T21:07:12.000Z
Section: Business

> The Oct. 8 discussion covered how prediction markets may complement hedging strategies and the infrastructure needed for institutional participation.

An Oct. 8 webinar examined prediction markets as a possible institutional tool for navigating global election-driven risk ahead of the 2026 U.S. midterm elections.

The discussion focused on how prediction markets could complement traditional hedging strategies in managing global election-driven risk. It also addressed the infrastructure, liquidity and risk-management capabilities needed to support broader institutional participation.

The 2026 midterms were presented as a proving ground for whether institutions will adopt prediction markets more widely. The session treated prediction markets as part of institutional market infrastructure requiring sufficient liquidity and risk-management capabilities for broader participation.

Joe Armao, senior portfolio manager for Galaxy Fintech Fund; Beimnet Abebe, head of credit trading; and Gil Wassermann, head of prediction markets, participated in the discussion.

The webinar also covered institutional prediction-markets trading services connected to the market. The 2026 U.S. midterm election cycle is the focus of the discussion.