Galaxy Digital Raises $113 Million For Crypto CV Fund, Targets $150M

Quick Summary:

Mike Novogratz Galaxy Digital has raised $113 million for a new crypto asset venture capital fund that invests in industry startups and technology.

The company noted that the new fund targets a fundraising goal of up to $150 million with focused areas on infrastructure.

The status quo is due to the increased prices of crypto assets and surging decentralized finance (DeFi) activities.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: India

Topics: Blockchain News Mike Nocogratz Crypto VC Fund Galaxy digital 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 12:46:52 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 38 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21772865

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 37 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #59

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