"Our data now spans far more of the crypto and blockchain ecosystem," said Galaxy's Steve Kurz.
Tracking the newly launched Bloomberg Galaxy DeFi Index, the fund is seeded by New Zealand’s NZ Funds.
The SEC has yet to approve a crypto-based exchange-traded fund.
Grant says the business focus will be on Switzerland and Germany, with an influence campaign planned for Europe’s newer crypto bastions.
The funding round was led by Galaxy Digital and Hashed.
The decentralized stablecoin project is rapidly gaining momentum.
Index Cooperative will use the funding to bring its ETF-like products to other blockchain networks.
The whitelisting and blacklisting of DeFi participants will make life easier for institutions, but potentially at a cost.
Mike Novogratz’s merchant bank is ramping up its involvement with Wall Street's biggest names.
The investment firm gave GLXY a price target of C$31.
Candy will build an MLB ecosystem to buy, trade and share officially licensed baseball content NFTs.
Following its $1.2 billion BitGo acquisition, Galaxy is adding a data-focused asset management firm.
Cassie Lentchner, the crypto custodian’s new COO, joins as BitGo merges with Galaxy Digital.
Galaxy Digital said in March, Morgan Stanley began offering its wealth management clients access to a number of its bitcoin funds.
The acquisition comes as Galaxy Digital plans a U.S. listing later this year.