Galaxy plans to launch a new hedge fund with a strategy targeting both crypto tokens and traditional financial stocks. The development comes as the “up-only” phase in the crypto market fades, according to reports. The fund intends to capitalize on both rising and falling prices in the crypto market, as well as traditional financial instruments. The fund size is reportedly $100 million.

Galaxy plans to launch a new hedge fund with a strategy targeting both crypto tokens and traditional financial stocks. The development comes as the “up-only” phase in the crypto market fades, according to reports. The fund intends to capitalize on both rising and falling prices in the crypto market, as well as traditional financial instruments. The fund size is reportedly $100 million.