Posted 4/3/2024, 6:37:00 PM
Galaxy Digital Launches $100M Crypto Venture Fund to Invest in Early-Stage Startups
- Galaxy Digital plans to raise $100M for a new crypto venture capital fund that will invest in early-stage crypto companies
- The fund aims to invest in 30 startups over 3 years with check sizes starting at $1M
- It will target financial applications, infrastructure, and crypto protocols
- Galaxy has invested $200M in over 100 crypto projects in the past 6 years
- This is the first time Galaxy's venture team specifically will manage outside capital in a fund
