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 has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
