PANews reports on June 26 that according to Fortune, crypto giant Galaxy has announced the completion of its first venture capital fund, raising a total of $175 million, exceeding the original target of $150 million. This fund marks Galaxy's first introduction of external capital, focusing on investments in stablecoins, decentralized finance, and other areas where traditional finance and blockchain intersect. Galaxy has already deployed approximately $50 million in projects such as Monad and Ethena.
Galaxy Completes First External Fund Raising $175 Million
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