Galaxy Digital Announces a $100M Fund to Invest in Early-stage Crypto Companies
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.
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.
According to Forbes’ 2024 World Billionaires List, crypto has made more billionaires this year than it did in 2023.
Hack VC intends to fund early-stage Web3 projects with as low as a few hundred thousand dollars to several millions of dollars depending on the developers’ conviction.
The strategic decision by FTX to sell its Anthropic holdings comes at a time when the AI firm’s valuations have been soaring past $18 billion.
Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round.
Uncorrelated Ventures will dedicate 80% of the fund to early-stage startups in traditional infrastructure software.
Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures.
With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years.
As in previous fundraising rounds, Sygnum employees took part in the round as personal investors.
The fund will focus on growth-stage startups in three main areas like infrastructure, blockchain and financial services and smaller categories such as Web3 gaming, NFTs, and the Metaverse.
Investors News
Explore the most recent news about professional investors, entrepreneurs, investment funds, and major investment projects that drive innovation in finance.
An Investor is a person, business, or group of people who ventures in stocks, funds, commodities, etc. by pledging capitals with the hope of getting profitable financial revenues after a stipulated time.
Professional investors usually evaluate market potentials from a different point of view by adopting the use of several financial tools and models as they aim to maximize their profits while minimizing risks as much as possible. There are two classes of investors, namely retail and institutional investors.
Retail Investors
This class of investors includes individuals that make investments in stocks, commodities, options, etc. on a small scale and usually represented by a sole entity. For example, sweat equity investors involving a party’s influence and input to a project to improve its stake.
Retail investors are often made to pay high market charges and commissions while making trades, this is majorly down to their relatively small purchasing power in the market.
Institutional Investors
Institutional investors invest in stocks, funds, bonds, commodities, and futures on a large scale, they are usually represented by corporate firms, large money managers, conglomerates, business, etc. Institutional investors usually invest on behalf of other entities, they use funds and capitals provided by individuals. Mutual funds and pension plans are good examples of institutional investments as workers earn from the profits made by the companies.
Investors vs Traders
Investors and traders are not the same as they usually have different goals with respect to time. An investor usually puts funding to use for long haul gain, while traders try to acquire momentary gains by purchasing and selling securities repeatedly.
As an investor or market shareholder, Coinspeaker keeps you updated with the latest market trends and news while providing insights on shares, funds, and commodities.