A major move is underway in the digital asset space. Galaxy is set to launch a $100 million hedge fund in Q1 2024, designed to profit from the inherent volatility of crypto markets through a dynamic, dual-asset strategy.
Hybrid Approach: Crypto Meets Financial Equities
The fund will allocate up to 30% of its portfolio to digital tokens, with the remainder invested in public financial firms influenced by blockchain innovation and regulatory trends. This hybrid model aims to exploit mispricings between emerging tech and traditional finance.
- Blends high-growth crypto exposure with strategic equity positions
- Targets companies benefiting from decentralized infrastructure
- Leverages macro and micro analysis for tactical allocation
The fund has already secured full commitment from family offices, institutional players, and accredited investors. Galaxy is contributing seed capital, aligning its interests with long-term performance.
Expanding Footprint in Digital Finance
With over $17 billion in assets under management, Galaxy continues to expand its footprint across the digital economy. Joe Armao, the fund’s lead, emphasized: ‘Our edge lies in identifying who’s truly driving innovation—and who’s falling behind—in this evolving landscape.’
Launched amid Bitcoin hovering near $90,000, the new vehicle signals a strategic bet on the next phase of market maturation and institutional adoption.