The new Galaxy Digital fund dubbed the Galaxy Ventures Fund I, LP, will invest in as many as 30 startups over the next three years.
Galaxy Digital is a full service, digital assets merchant bank.
Galaxy Digital (TSX: GLXY) is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors. Galaxy Digital’s team has extensive experience spanning investing, portfolio management, capital markets, venture capital, asset management, and blockchain technology. Galaxy Digital operates in the following businesses: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital’s CEO and Founder is Mike Novogratz. The Company is headquartered in New York City, with offices in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.
The new Galaxy Digital fund dubbed the Galaxy Ventures Fund I, LP, will invest in as many as 30 startups over the next three years.
Since its establishment, 1kx has gained recognition for its investments in early-stage infrastructure, consumer applications, and middleware companies.
The company revealed in a blog post that, as of February 29, 2024, GAM was managing a staggering $10.1 billion in assets, marking a substantial 24.8% increase compared to the previous month.