币界网报道:Galaxy Digital has successfully closed its latest crypto venture fund, Galaxy Ventures Fund I, raising $175 million, surpassing its initial $125 million target. The fund, backed by institutional investors, family offices, and Galaxy's own balance sheet, will focus on early-stage crypto and blockchain startups. Galaxy's venture team, led by Mike Novogratz, has already deployed capital into 15 companies, including infrastructure, decentralized finance (DeFi), and Web3 projects. The firm highlighted the growing institutional interest in crypto despite recent market downturns, emphasizing long-term opportunities in blockchain innovation. Galaxy Ventures aims to support founders building the next generation of digital asset ecosystems, leveraging the firm's expertise and network in the crypto space.