Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Galaxy Digital has raised $175 million for its first externally backed venture fund, targeting early-stage crypto startups. Invesco became the ninth bidder for a spot Solana exchange-traded fund (ETF), and crypto could soon be assessed for certain home loans in the US.
Galaxy Digital has closed a $175 million venture fund, its first with outside capital, as the company ramps up plans to invest in early-stage crypto startups.
The fund, which exceeded its $150 million target, marks the first time Galaxy has accepted outside capital. Until now, the company had relied solely on its own balance sheet for venture investments, according to a Thursday press release.
