EXCLUSIVE: Crypto giant galaxy, Stablecoin boom increases $ 175 million for the first enterprise fund



Mike Novogratz, a colorful former Goldman Sachs partner and the blockchain industry veteran, traditional finance and cryptist worlds built the galaxy in 2018. After the reclusions of years, the balance of the capital using the capital, the Galaxy enterprise is expanding through the $ 175 million fund. On Thursday, the company announced the last link to the Fund, which exceeds $ 150 million.

In an interview with FortuneGalaxy General Partner Mike Giampa said that the company decided to increase the starting capital operations at the intersection between traditional finance and cryptist, including Stablecoins and centralized financial applications, he said. “You see something more than something more speculative use of these fundamental turns more than anything else.

The vehicle is the first place with the capital of Galaxy, which serves as a limited partner, which has a limited partner with the capital of its balance sheet, the capital of the Galaxy capital. As a company sold as a subsequent company Attention on Half In May, the new Foundation of Galaxy also offers a rare opportunity to expose a cryptista portfolio to retail investors.

Crypto Empire

The Galaxy operates in extensive work lines to Crypto Mining with Crypto Mine from Asset Management Bittoin ETF launched with the company’s investment company in early 2024. The galaxy too investigation A start a Solaa Etf. Although the company’s failed Stablecoin Luna is a rocky date, including a catastrophic investment (and legal headache), the Galaxy has become one of the most influential cryptoecast empires in the United States.

Company in May declare About $ 7 billion assets of a $ 7 billion asset under the control, despite the first quarter of 2025, is full of part of the first quarter and mining.

Giampaapa, Giampa, Giampa, Giampa, GiampaPA, Crypto, Crypto, GiampaPA, GiampaPA, GiampaPA, SAM Bankman-Fried’s Crypto Exchange FTX was “quietly, we had this stablecoin revolution” Fortune. “The industry has again left our legs again, it has known that the enterprise wanted to go to the next level of the franchise.”

The Galaxy began to grow capital in 2024. Although Giampa refuses to call the Foundation’s investors, although many of a limited partner, including the institutional investor, including the Family Department and Foundation Foundation, said that Galaxy’s assets management. To the galaxy declared A close proximity of $ 113 million in July.

He added that the Galaxy has never received a corporate enterprise approach that some corporations have invested in companies that are synergist in their work. Instead, the Galaxy followed a more traditional strategy aimed at returning to the return of the newly large enterprise fund. According to GiampaPA, Galaxy has already placed $ 50 million in the fund, which is already investing in companies, including trade-oriented blockhain Monac and Etena of synthetic dollar protocol from a stablecoin that gives a product supported by Crypto assets. Previously, IVP and Bessemer operate the Foundation along with Giampa, Nuelle working in Venture firms.

As a part of the Galaxy’s wider cryptist, the enterprise fund coincides with other parts of the work, GiampaPA, GiampaPA, to help combine them with institutional customer base.

“We have come back this thesis since we thought that these two worlds collide for Galaxy’s start,” said GiampaPA Fortune. “We want to invest in the earliest stages.”



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