According to a Financial Times report, Galaxy Digital, led by Novogratz, is planning to launch a crypto hedge fund with $100 million. The development indicates continued institutional interest in the digital asset space, despite market volatility. The fund's specific investment strategy and focus were not detailed in the provided source. The launch of such a fund by a prominent firm like Galaxy Digital signals ongoing confidence in the long-term potential of cryptocurrency investments.

According to a Financial Times report, Galaxy Digital, led by Novogratz, is planning to launch a crypto hedge fund with $100 million. The development indicates continued institutional interest in the digital asset space, despite market volatility. The fund's specific investment strategy and focus were not detailed in the provided source. The launch of such a fund by a prominent firm like Galaxy Digital signals ongoing confidence in the long-term potential of cryptocurrency investments.