Galaxy, the digital assets group founded by billionaire investor Mike Novogratz, is preparing to launch a $100m cryptocurrency-focused hedge fund as market volatility creates opportunities on both the long and short side, according to a report by the Financial Times.
The new fund is expected to launch in the first quarter of 2026 and will pursue a flexible strategy designed to profit from both rising and falling prices across the digital assets ecosystem.
The report cites unnamed people familiar...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.