Galaxy Raises $175M for Crypto Fund, Surpasses Target
According to a report by Fortune, Galaxy has successfully closed its first externally raised crypto venture fund, securing $175 million—well above its initial goal of $150 million.
The fund will back early-stage startups focused on the intersection of traditional finance and crypto, with a particular emphasis on stablecoins and decentralized finance (DeFi).
This milestone highlights rising investor interest in blockchain innovations that aim to modernize financial infrastructure.
Galaxy’s fund signals confidence in the long-term potential of crypto applications beyond speculation, especially in areas such as on-chain settlement, digital payments, and DeFi infrastructure.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
