New Galaxy fund targets digital asset markets with risk-adjusted strategies

Galaxy Digital has launched the Galaxy Absolute Return Fund, an actively managed investment vehicle designed to provide exposure to the digital asset ecosystem and adjacent disruptive technologies. The fund aims to generate equity-like returns while avoiding direct investments in crypto tokens. Its multi-asset strategy includes both directional and non-directional positions, investing in publicly traded equities, […]

Agora and Galaxy execute first OTC transaction of AUSD

Stablecoin issuer Agora has hit a new milestone with the first-ever over-the-counter transaction involving its flagship asset, Agora USD. The company announced the significant development on Jan. 8, noting that the OTC transaction involved collaboration with Galaxy Digital, a digital asset and blockchain firm founded by Michael Novogratz. According to Agora, the successful execution of […]

Sonic and Galaxy Interactive launch fund for Web3 gaming

Sonic SVM and Galaxy Interactive have announced the launch of G.A.M.E. Fund 1, a $200,000 to $1 million initiative. This initiative is made to accelerate Web3 gaming, AI agent development, and TikTok content creation, according to a company release shared with crypto.news. The fund is designed to empower developers operating within Sonic’s Solana (SOL) Virtual […]