Galaxy Digital announces raising 175 million USD for its first venture capital fund, exceeding the target of 150 million USD, focusing on stablecoins, asset tokenization, payments, and supporting software (Date: 27/06/2025).

The fund has disbursed 50 million USD into projects like Monad (high-performance blockchain) and Ethena (yield stablecoin). Despite a loss of 295 million USD in Q1 2025, Galaxy, which has just listed on Nasdaq, manages 7 billion USD in assets and is committed to supporting crypto startups. This move boosts DeFi and blockchain, strengthening the wave of global crypto adoption.

Risk warning: The information is for reference only and is not investment advice. #GalaxyDigital