币界网报道：Galaxy Asset Management, an affiliate of Galaxy Digital Holdings, has closed its $175 million Galaxy Ventures Fund I LP, surpassing its $150 million target, to invest in early-stage blockchain, software infrastructure, and financialized applications. The fund aims to build a portfolio of around 30 digital asset companies, targeting sectors like stablecoins, payments, and tokenization. Galaxy founder Mike Novogratz highlighted the fund's success amid challenging market conditions, emphasizing its focus on real-world crypto adoption. Initially raising $113 million in Q2 2024, the fund attracted institutional investors, leading to an oversubscribed final close. Galaxy President Chris Ferraro noted the firm's commitment to digital asset innovation since 2018, now extending its expertise to external investors. The fund has already backed startups including 1Money, Ethena, and Monad, while Galaxy also pursues SEC approval for a spot Solana ETF.