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 will focus on early-stage investments in blockchain infrastructure, decentralized finance (DeFi), and Web3 startups. Galaxy Digital CEO Mike Novogratz emphasized the firm's commitment to supporting innovative projects despite market volatility, stating that the fund's oversubscription reflects strong investor confidence in the sector. The fund has already backed several high-profile projects, including blockchain interoperability protocol LayerZero and modular blockchain network Celestia. Galaxy Digital's venture arm plans to deploy capital over the next two to three years, targeting startups with scalable solutions and strong teams. The closing of this fund marks another milestone for Galaxy Digital as it expands its footprint in the crypto investment landscape.