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Galaxy Digital Raises Over $175 Million For Crypto Investments

  • Galaxy Digital raised over $175 million in capital commitments for investing in early-stage companies developing infrastructure for the onchain economy.
  • The fund will target investments in growth areas like stablecoins, payments, and tokenization, supporting technologies that make these viable.
  • Galaxy Digital's initial target was $150 million but exceeded it due to high investor demand for digital asset venture opportunities.
  • US-based startups received 46% of global crypto VC funding in Q4 2024, as per a report by Galaxy Digital, showcasing the country's dominance in the crypto sector.

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