Cartesian Digital Unveils Prediction Markets Service for Institutional Traders
Cartesian Digital, an outsourced accounting and investment operations firm serving the digital asset industry, has launched its Prediction Markets Service. This service is designed for institutional trading firms, including hedge funds, crypto funds, market makers, and proprietary trading groups.
The Prediction Markets Service supports event-contract and perpetual-futures strategies at institutional scale, filling a gap in specialized service providers for the crypto and prediction market sector.
Frank Napolitani, Founder and Managing Partner of Cartesian Digital, stated that 'markets have always been prediction engines' and that institutions need an operating partner who can provide accounting, operations, and reporting support for these contracts.
The Prediction Markets Service includes accounting, audit/tax support, daily reporting and reconciliation, and around-the-clock investment-operations support. This is delivered through Cartesian Digital's follow-the-sun support model for 24/5 coverage.