Galaxy Digital Inc. Expands its Reach with $175M Galaxy Ventures Fund I to Foster Onchain Economy Growth

Reuters

06-26

Galaxy Digital Inc. Expands its Reach with $175M Galaxy Ventures Fund I to Foster Onchain Economy Growth

Galaxy Digital Inc., a leading digital asset and blockchain investment manager, has announced the successful final close of its first venture fund, Galaxy Ventures Fund I, LP, raising over $175 million. Surpassing its $150 million target, the fund demonstrates strong investor interest in the digital asset venture ecosystem. Led by Will Nuelle and Mike Giampapa, Galaxy Ventures aims to support early-stage startups in the onchain economy. The fund's portfolio includes promising startups like 1Money and Ethena. This achievement marks a significant expansion for Galaxy Ventures, which has invested in over 120 companies since 2018.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Digital Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO19118) on June 26, 2025, and is solely responsible for the information contained therein.

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Expands its Reach with $175M Galaxy Ventures Fund I to Foster Onchain Economy Growth","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Galaxy Digital Inc. Expands its Reach with $175M Galaxy Ventures Fund I to Foster Onchain Economy Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Galaxy Digital Inc., a leading digital asset and blockchain investment manager, has announced the successful final close of its first venture fund, Galaxy Ventures Fund I, LP, raising over $175 million. Surpassing its $150 million target, the fund demonstrates strong investor interest in the digital asset venture ecosystem. Led by Will Nuelle and Mike Giampapa, Galaxy Ventures aims to support early-stage startups in the onchain economy. 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Expands its Reach with $175M Galaxy Ventures Fund I to Foster Onchain Economy Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-26 19:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Galaxy Digital Inc. 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