Galaxy Digital Secures $175M War Chest to Fuel Next Wave of Crypto-Finance Disruptors
Wall Street's crypto bulldozer just parked $175 million in the startup demolition zone.
Galaxy Digital—Mike Novogratz's crypto investment juggernaut—just locked down a nine-figure fund targeting the bleeding edge of decentralized finance. The move signals institutional capital doubling down on blockchain's assault on traditional banking rails.
Where the money's flowing:
The fund will back early-stage projects building infrastructure for tokenized assets, decentralized exchanges, and institutional-grade custody solutions—basically everything legacy finance pretends not to worry about (while quietly scrambling to clone).
Why it matters:
This isn't play money. $175 million buys serious runway for protocols that could dismantle—or at least dent—the fee-extraction machines of traditional finance. Though let's be real: half these startups will pivot to AI in 18 months anyway.
The bottom line:
While banks debate blockchain 'use cases' in committee meetings, the crypto vanguard just got fresh ammunition. The financial revolution will be funded—whether Wall Street's ready or not.
