Galaxy Digital is looking to establish a new $100 million fund to focus on investing in crypto startups

BlockBeats news, on April 4, according to Coindesk, Galaxy Digital stated in a recent email to investors that it is currently seeking to raise US$100 million for a new fund called Galaxy Ventures Fund I, LP aims to invest in up to 30 crypto startups over the next three years, including financial applications, software infrastructure and crypto protocol construction and development, with a capital investment threshold of US$1 million. It’s worth noting that Galaxy Digital has invested a total of about $200 million in more than 100 projects over the past six years. But the establishment of the new fund is the first time Galaxy Digital has received investment from external capital.