币界网报道：Galaxy Digital has successfully raised $175 million for its latest crypto venture fund, Galaxy Ventures Fund II, exceeding its initial $125 million target. The fund will focus on early-stage investments in blockchain infrastructure, decentralized finance (DeFi), and Web3 applications. Galaxy Digital CEO Mike Novogratz emphasized the firm's commitment to supporting innovative projects despite market volatility, stating that the current downturn presents unique opportunities for long-term growth. The fund has already backed several high-profile startups, including blockchain scaling solutions and NFT platforms. This marks Galaxy Digital's second dedicated crypto venture fund, following its 2021 debut fund which invested in companies like Blockdaemon and Fireblocks. The fundraising success signals continued institutional interest in crypto despite recent market challenges.