Galaxy completed its first external fundraising venture capital fund with $175 million.

PANews, June 26 news, reported by Fortune, that crypto giant Galaxy has announced the completion of its first venture capital fund raising, totaling $175 million, exceeding the original target of $150 million. This fund marks Galaxy's first introduction of external capital, focusing on investments in stablecoins, Decentralized Finance, and other areas at the intersection of TradFi and Blockchain. Galaxy has deployed approximately $50 million into projects such as Monad and Ethena.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)