Galaxy Digital Secures More Than $175 Million For Crypto asset Investments
The digital asset and distributed database investment firm, Galaxy Asset Management’s Galaxy Digital, has reported that it has secured more than $175 million in capital commitments. These funds are designated for investments in “early-stage companies that are creating essential infrastructure and applications for the onchain economy.”
On 26 June 2025, Galaxy Digital announced that the Fund is particularly focused on investing in growth sectors such as stablecoins, payments, and tokenization, along with all the supporting infrastructure that enables these technologies to function effectively.
Mike Novogratz, Founder and CEO of Galaxy, stated, “The fact that Galaxy Ventures has closed its first fund above the intended target during a period when raising crypto venture capital is historically challenging highlights our team’s distinct advantage in the marketplace.”
“With strong ties to onchain markets and distributed record infrastructure, we’re dedicated to supporting founders and startups that are creating real-world applications driving the next phase of crypto adoption,” he added.
Galaxy Digital unveils its inaugural venture fund with outside capital, amassing $175M.#Crypto #VentureCapitalhttps://t.co/uPJP2XvTGv
— Cryptonews.com (@cryptonews) June 26, 2025
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Galaxy Surpasses Initial Goal of $150 Million
The firm originally aimed for $150 million but ultimately surpassed this target, attributing the success to “strong crypto holder interest in accessing the expanding digital asset venture ecosystem.”
“Blockchain infrastructure is set to transform global financial markets. We are witnessing a rapid increase in adoption from both institutions and individual users worldwide—especially regarding use cases like payments, capital markets, and broader financial services,” remarked Mike Giampapa, Head of Galaxy Ventures. “By investing in the teams that are developing these fundamental technologies and directly supporting their growth, we are at the forefront of the most innovative concepts and products in crypto.”
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US Leads in Crypto VC Investments: Galaxy Digital Report Shows 46% Share
Almost half of all venture capital (VC) funding in the digital currency sector during the fourth quarter of 2024 was allocated to companies located in the US. This information was disclosed by Galaxy Digital’s Crypto and Distributed ledger Venture Capital in a report released on 15 January 2025.
The report indicated that 46% of all global capital investments were directed towards US-based firms, significantly outpacing Hong Kong, which secured the second position with a 16% share.
The US also dominated in terms of the number of deals, representing 36% of all VC transactions. Singapore and the UK followed behind, capturing 9% and 8%, respectively. These findings underscore the country’s continued leadership in crypto innovation and funding, despite facing regulatory challenges.
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Key Takeaways
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Galaxy Digital initially set out to achieve $150 million but ultimately exceeded its initial goal, owing to “strong trader interest in accessing the expanding digital asset venture ecosystem.”
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The CEO of the company stated, “Galaxy Ventures closing its first fund above the target during a time when raising crypto venture capital is historically challenging demonstrates our team’s unique advantage in the market.”
The post Galaxy Digital Raises Over $175 Million For Crypto Investments first appeared on 99Bitcoins.
