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Galaxy Plans To Raise $100M For Crypto Venture Fund

by coindesk.com posted 3weeks ago 14 views
Venture Capital
Galaxy Digital's venture team has long invested its own money in crypto companies. Now, it's planning to do that with outside investors' capital, too. The crypto investments giant is putting together a $100 million fund that will invest in early-stage crypto companies, according to an investor email shared with CoinDesk. Galaxy moved its venture capital franchise into its asset management business in 2023. Called Galaxy Ventures Fund I, LP, the fund aims to invest in as many as 30 startups over the next three years, with checks starting at $1 million.