Founded in 2018 by Mike Novogratz, Galaxy set out to bridge the gap between traditional finance and the burgeoning crypto sector. Over the past seven years, Galaxy has deployed its own balance sheet capital to back digital asset startups, positioning…
State Street and Galaxy debut crypto ETF amid rising outflows
State Street Global Advisors, in collaboration with Galaxy Asset Management, has embarked on a significant venture with the launch of three cryptocurrency-focused exchange-traded funds (ETFs). These funds aim to provide investors with innovative exposure to digital assets, moving beyond the…
Galaxy Raises $113M for Early-Stage Crypto Ventures Fund
Billionaire Michael Novogratz Galaxy Asset Management unit has recently made headlines by raising $113 million for a venture fund dedicated to early-stage startups focused on crypto software, infrastructure, and financial applications. This strategic move underscores the growing interest and investment…