Galaxy has officially raised a successful 175 million USD for its first venture capital fund
On June 26, according to sources from Fortune, the cryptocurrency group Galaxy announced the completion of its first venture capital funding round, raising a total of 175 million USD, exceeding the initial target of 150 million USD. This is also the first time Galaxy has attracted foreign capital, marking a turning point in its investment expansion strategy.
Focusing on the intersection of traditional finance and cryptocurrency
Galaxy's new investment fund targets core areas where traditional finance intersects with blockchain technology, including stablecoins – stable currencies pegged to real assets, and DeFi (Decentralized Finance) – a rapidly growing sector with the potential to transform the global financial ecosystem.
Galaxy has invested approximately 50 million USD in potential projects
To date, Galaxy has invested approximately 50 million USD in prominent projects such as Monad and Ethena, two platforms highly regarded for their reliability and technological innovation. Monad specializes in developing enterprise blockchain solutions, while Ethena focuses on providing transparent and highly secure financial services for individual and institutional users.
The impact of the funding round on the cryptocurrency market
Galaxy's successful large capital raise not only strengthens its position in the industry but also raises expectations for a continuous investment boom in hybrid financial infrastructures, contributing to the deep integration between traditional markets and the decentralized space. This is a positive sign for the maturity and professionalization of the cryptocurrency industry.
Conclusion
Galaxy has asserted its leading position by creating a strategic investment fund, focusing on the latest fintech trends. With total capital of 175 million USD and a clear strategy, Galaxy not only enhances the blockchain ecosystem but also promotes sustainable development models in the modern cryptocurrency industry. Investors and partners can expect this new advancement in an increasingly competitive and volatile market.
Source: https://tintucbitcoin.com/galaxy-goi-von-thanh-cong-175-trieu-usd/
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