Galaxy Digital, a major crypto-focused financial company founded by the billionaire investor Mike Novogratz plans to launch a new hedge fund worth $100 million Galaxy Digital, a major crypto-focused financial company founded by the billionaire investor Mike Novogratz plans to launch a new hedge fund worth $100 million

Galaxy Digital Bets on Balanced Strategy With New $100M Crypto-Linked Hedge Fund

  • Galaxy Digital plans a $100M hedge fund with controlled crypto exposure.
  • The move reflects measured institutional confidence in crypto’s long-term future.

Galaxy Digital, a major crypto-focused financial company founded by the billionaire investor Mike Novogratz plans to launch a new hedge fund worth $100 million in early 2026. 

According to the Financial Times report, the Fund is following a balanced strategy by investing 30% in crypto, which is around $30 million in major crypto tokens, and 70% into the traditional financial stocks such as Banks, exchanges, payment companies, and financial firms adapting to blockchain.

Galaxy Digital remains optimistic about the long term prospects of digital assets despite the market weakness. Even though Bitcoin is about 28% below its 2025 peak, Galaxy believes the cycle will regain its momentum and turn bullish.  

Galaxy Targets Quality Firms Across Crypto and TradFi

Joe Armao, the head of the new fund, says that this fund focuses on finding strong companies across both the crypto and traditional finance sectors rather than relying on token price appreciation and just hype. The specific cryptocurrency allocations have not yet been disclosed, though Galaxy has previously expressed positive views on the major cryptos like Ethereum and Solana. 

The Galaxy fund will invest its own money into the fund first. It has also received interest from wealthy families managing large amounts of money, high-net-worth individuals, and some institutional investors, with more funding expected before the launch. 

The new fund shows how many big investors are now approaching crypto with controlled risk. Instead of betting on the coins, they are now mixing crypto with traditional finance to reduce risk and regulations. With more than $17 billion in digital assets under management, Galaxy Digital continues to expand its services as crypto becomes more widely accepted in global finance. 

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