Galaxy Digital Locks Down $1.4B Mega-Funding for Its AI Powerhouse Helios

Wall Street’s crypto darling just pulled off a nine-figure heist—legally.

Galaxy Digital’s Helios AI hub just secured $1.4 billion in funding, proving even skeptics can’t resist throwing money at blockchain-meets-AI hype. The round likely had VCs tripping over themselves—after all, nothing moves faster than institutional FOMO.

Why it matters: This isn’t just another ‘AI’ buzzword play. That capital injection positions Helios to dominate infrastructure for decentralized machine learning. Think less ChatGPT, more unstoppable algorithmic traders.

The cynical take: Traditional finance still thinks ‘blockchain’ is a spreadsheet upgrade. Meanwhile, Galaxy’s war chest could fund an actual space station—but they’ll settle for rewriting fintech’s rulebook instead.

Galaxy plans to transform Helios into an AI hub

Galaxy Digital is diversifying its data center from crypto mining to AI compute infrastructure. The facility’s location in Texas enables it to benefit from cheap energy and a favorable regulatory environment.

“We’re executing with focus and discipline to transform Helios into one of the largest and most advanced AI datacenter campuses in the world,” said Mr. Novogratz. “That scale is only possible because of the strategy and groundwork we’ve put in place and the momentum our team is building every day.”