Galaxy Ventures I Completes $100 Million Fundraising, Exceeds Target

Odaily News Galaxy Digital's venture capital fund Galaxy Ventures I has completed $100 million in fundraising, exceeding the original target. The fund focuses on equity and token investments in early Web3 and crypto startups, covering infrastructure, DeFi, security, development tools and consumer applications. Fundraising documents show that Galaxy Ventures I has attracted at least 7 institutions to participate. The fund is led by Galaxy Digital CEO Mike Novogratz. (Cointelegraph)