The launch of a new $100M crypto hedge fund by Galaxy, the digital assets group led by US billionaire Mike Novogratz, signals a fresh approach to trading digital assets during a period of sharp market volatility. Galaxy, which already oversees…
How will a 1 billion plan buy Solana by Galaxy and Jump?
Galaxy Digital, Multicoin Capital and Jump Crypto are in talks with potential backers to raise roughly $1 billion to accumulate Solana by creating a digital asset treasury company that would take over an unidentified publicly traded entity. Cantor Fitzgerald LP…
Galaxy secures $175 million for its inaugural venture fund
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…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
