Galaxy Digital is reportedly raising a $100 million venture fund to support early-stage crypto startups, with most of the funding expected to come from external investors. This initiative reflects a broader trend of increasing venture capital interest in the crypto sector, driven in part by the recent rally in Bitcoin's price following the approval of US spot Bitcoin ETFs in January.
AlexA war of words is taking place on CryptoX as Hilary Clinton launches an attack on Bitcoin (BTC), prompting comments from Mike Novogratz.
JinseFinanceThe company has also named Leon Marshall as its Europe CEO.
ClementCrypto lender Celsius Network is undergoing the auction of its assets as part of the bankruptcy proceedings.
Bitcoinist"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.
CointelegraphAfter selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
CointelegraphBitcoinistBitcoin and altcoins fell sharply in the first quarter, partly due to a shift in central bank policy that sparked a sell-off.
CointelegraphGoldman Sachs and Galaxy Digital are once again teaming up to help their clients gain more access to the crypto industry, which Galaxy Digital certainly provides.
CointelegraphThe acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.
Cointelegraph