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.
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