PANews reported on January 21 that, according to the Financial Times, Mike Novogratz's Galaxy Group plans to launch a $100 million crypto hedge fund in the firstPANews reported on January 21 that, according to the Financial Times, Mike Novogratz's Galaxy Group plans to launch a $100 million crypto hedge fund in the first
Galaxy plans to launch a $100 million crypto hedge fund in Q1 2026, with up to 30% of its assets invested in crypto tokens.
PANews reported on January 21 that, according to the Financial Times, Mike Novogratz's Galaxy Group plans to launch a $100 million crypto hedge fund in the first quarter of 2026, aiming to profit from market volatility. The fund will invest up to 30% of its assets in crypto tokens, with the remainder allocated to financial services stocks impacted by digital asset technology and regulatory changes. It has already secured commitments from family offices, high-net-worth clients, and institutions, with Galaxy also participating in the investment. Led by Joe Armao, the fund plans to focus on the "winners and losers" theme in the financial industry, responding to the profound changes brought about by digital assets and AI technology.
Market Opportunity
JOE Price(JOE)
$0.05866
$0.05866$0.05866
USD
JOE (JOE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Sumitomo Mitsui Plans JGB Portfolio Expansion Amid Yield Changes
Sumitomo Mitsui to expand its Japanese government bond holdings following a yield rout, impacting US Treasuries.Read more...
Share
Coinstats2026/01/21 13:42
Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops
The post Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops appeared on BitcoinEthereumNews.com. TLDR Importers face long delays for tariff
Share
BitcoinEthereumNews2026/01/21 14:16
Sumitomo Mitsui Financial Group plans to significantly increase its holdings of Japanese government bonds, which may affect the inflow of overseas funds into US Treasury bonds.
PANews reported on January 21 that, according to Bloomberg, Sumitomo Mitsui Financial Group, Japan's second-largest bank, plans to triple its holdings of Japanese
Share
PANews2026/01/21 13:46