Galaxy Digital Holdings (TSE:GLXY) has released an update.
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Galaxy Asset Management has announced a successful initial close of $113 million for its Galaxy Ventures Fund I LP, focusing on investments in early-stage crypto protocols, software infrastructure, and financial applications. The fund, an affiliate of Galaxy Digital Holdings, aims to continue raising funds to hit a $150 million target, attracting interest from institutional investors, family offices, and high-net-worth individuals. With a strategy to invest in around 30 promising digital asset companies, the fund underscores Galaxy’s commitment to innovation in the digital asset space.
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