TLDR:
- Galaxy Ventures raises $113 million for its debut blockchain fund, with a target of $150 million.
- The fund aims to invest in blockchain technology companies.
In a recent development, Galaxy Ventures has successfully raised $113 million for its debut blockchain fund, with a target goal of $150 million. The fund, led by a team of seasoned investors, aims to invest in blockchain technology companies that show potential for growth and innovation in the industry.
Galaxy Ventures is focused on supporting startups that are leveraging blockchain technology in various sectors such as finance, healthcare, supply chain management, and more. With the rise of blockchain technology and its potential to disrupt traditional industries, the fund sees a significant opportunity for investment and growth.
The fund’s successful fundraising efforts highlight the growing interest and confidence in blockchain technology among investors. Galaxy Ventures’ strategic approach to investing in the sector positions them well to capitalize on the expanding market and support companies at the forefront of innovation.
Overall, Galaxy Ventures’ debut blockchain fund is poised to make a significant impact in the industry and contribute to the growth and development of blockchain technology companies around the world.
