Sunday, June 1, 2025

Latest

Galaxy Digital Sees Venture Fund Raise $325 Million

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced today that its affiliate, venture fund Galaxy Interactive, was able to raise $325 million of committed capital. The company said the funding round was participated by over 70 new limited partnerships.

Out of the raised funding, the firm has invested and earmarked nearly $150 million for new portfolio companies.

With this recent funding, the venture fund now has $650 million in combined assets under management. On the other hand, Galaxy Digital has $2.2 billion in assets under management as of September 30, 2021.

Galaxy Interactive is led by General Partners Sam Englebardt and Richard Kim. It was established in 2018 to fund companies in the “interactive” sector, which it defines to be the intersection of content, finance, and technology.

Galaxy Digital Holdings Ltd. last traded at $20.83 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How a Single Deal Turned 2 ‘Dead’ Mines into a $2B Project | Canadian Copper PEA – Simon Quick

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Alamos Gold Q1 Earnings: The Inside Scoop

Recommended

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Canadian Copper: The $172M Combined Strategy PEA

Related News

Galaxy Digital Posts US$849.7 Million Net Income For Q1 2021

Galaxy Digital Holdings Ltd. (TSX: GLXY) released today its Q1 2021 financial results, which saw...

Monday, May 17, 2021, 09:01:49 AM

Galaxy Digital Widens Losses In Q2 2022 As ‘Crypto Winter’ Bites Harder

Galaxy Digital Holdings Ltd. (TSX: GLXY) released today its Q2 2022 financial results, which saw...

Monday, August 8, 2022, 02:19:00 PM

FTX Wants To Start Staking And Hedging Crypto, Plans To Tap Galaxy Digital

In a bid to recover from its crippling collapse last year, bankrupt crypto exchange FTX...

Friday, August 25, 2023, 11:44:00 AM

Galaxy Digital Launches Fund Tied To Bloomberg Galaxy Solana Index

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced today the launch of Galaxy Solana Funds. The...

Wednesday, December 15, 2021, 11:57:00 AM

Novogratz Says El Salvador’s Crypto Holdings Are On FTX; CZ Talks To President Nayib Bukele To Confirm

Galaxy Digital (TSX: GLXY) CEO Mike Novogratz claimed on Thursday morning that El Salvador’s Bitcoin...

Thursday, November 10, 2022, 12:51:00 PM