币界网报道：Galaxy Digital has successfully closed a $175 million venture fund dedicated to supporting early-stage DeFi startups, marking a significant commitment to the decentralized finance sector. The fund, named Galaxy Ventures Fund I, will focus on investments in blockchain infrastructure, decentralized applications (dApps), and other Web3 innovations. Mike Novogratz, CEO of Galaxy Digital, emphasized the firm's long-term belief in the transformative potential of DeFi and blockchain technology. The fund has already made initial investments in several promising projects, though specific names were not disclosed. This move aligns with Galaxy Digital's broader strategy to expand its footprint in the crypto ecosystem, following its previous investments in blockchain and digital asset ventures. The announcement comes amid growing institutional interest in DeFi, despite recent market volatility. Galaxy Digital's new fund aims to bridge the gap between traditional finance and decentralized solutions, fostering innovation and adoption in the space.