Galaxy Digital Assets Fund is a multi-strategy investment firm that provides institutional-grade access to the digital economy. The company offers a range of funds, including the Galaxy Bitcoin Fund, Galaxy Ethereum Fund, and Galaxy Crypto Index Fund, which provide exposure to established digital assets and emerging trends. Galaxy's active funds are managed by crypto experts and the company also provides passive and venture funds. Galaxy has been in business since 2016 and is based in New York, with a focus on digital assets and blockchain technology. The company offers a diverse range of investment solutions, including trading, lending, derivatives, and advisory services, as well as making principal investments.
Characteristics | Values |
---|---|
Type of Company | Digital asset and blockchain company |
Headquarters | New York, New York |
Year Founded | 2018 |
Services | Digital asset trading services, asset management, investment management, advisory services, principal investment |
Founder and CEO | Michael Novogratz |
President | Christopher Ferraro |
Head of Europe | Steve Kelso |
Funds | Crypto Lending Fund, Galaxy Digital Assets Fund I, Galaxy Institutional Bitcoin Fund |
What You'll Learn
Galaxy Bitcoin Funds
Galaxy Asset Management has partnerships with leaders in indexing and asset management, including Fidelity Digital Assets and Coinbase, to offer institutional-grade custody solutions. These partnerships provide cold storage, robust physical and cyber security, and insurance against hackers and thieves.
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Galaxy Ethereum Funds
Overview
Investment Strategy
The Funds invest directly in Ether, seeking to provide investors with straightforward and secure exposure. Pricing is based on the Bloomberg Galaxy Ethereum Index (ETH), which is administered and calculated by Bloomberg. This index serves as a reliable pricing source for Ether. Galaxy Ethereum Funds also offer structured reporting, including audited financial statements, tax reporting, and periodic NAV reporting.
Security and Partnerships
Galaxy prioritises security by partnering with Fidelity Digital Assets and Coinbase to provide institutional-grade custody solutions. These partnerships ensure cold storage, robust physical and cyber security measures, and insurance against hackers and thieves. Additionally, investors benefit from direct investor relations and specialised client services.
Performance and Risk Considerations
While Galaxy Ethereum Funds aim to provide exposure to the upside potential of Ethereum's decentralised, open-source technology, it is important to recognise that investing in digital assets carries risks. The speculative nature of Ether and the volatility of its markets mean that there are no guarantees regarding the Fund's performance. As with any investment, there is a potential for loss, and investors should carefully consider their capacity to absorb potential negative returns.
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Galaxy Crypto Index Fund
The Galaxy Crypto Index Fund is a diversified and dynamic investment vehicle that offers institutional-grade exposure to digital assets. The fund is designed to track the performance of the Bloomberg Galaxy Crypto Index, which includes some of the largest and most liquid digital assets in the market. This index is maintained by Bloomberg, leveraging their strengths in data, pricing, analytics, distribution, and research.
The Galaxy Crypto Index Fund provides investors with access to the overall market cap growth of digital assets, capturing stores of value, Web3, decentralized finance, and payments use cases. The fund is rebalanced and reconstructed monthly, in line with the Crypto Index methodology. The constituents of the fund are market-cap-weighted, with no single protocol exceeding 35% or being less than 1% of the portfolio capitalization.
This fund is ideal for investors seeking diversified exposure to the broader crypto market, as it changes over time. It offers a proxy portfolio that evolves with the market without completely reshaping the character of the data set. Galaxy Asset Management, the fund provider, partners with leaders in indexing and asset management, bringing trusted data, reliable technology, and best-in-class research across the crypto space.
Galaxy Asset Management offers a range of passive, active, and venture funds, catering to different investor needs. Their single-asset and diversified funds provide exposure to established digital assets and emerging trends. With crypto experts managing their active funds, Galaxy ensures that investors can navigate the traditional markets effectively while gaining exposure to the digital economy.
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Galaxy Liquid Crypto Fund
Galaxy Asset Management offers institutional-grade access to the digital economy through its passive, active, and venture funds. The company's diversified funds provide exposure to established digital assets and emerging trends.
One of these funds is the Galaxy Liquid Crypto Fund, which provides access to the core and next generation of essential digital assets. The fund is designed to benefit from the expansion of use cases and the adoption of cryptocurrency globally. It seeks to provide capital appreciation and alpha-enhancing opportunities through active management.
The Galaxy Liquid Crypto Fund is supported by a dedicated team of digital asset experts. It provides access to top-tier operations and support infrastructure, allowing investors to capture the upside potential of core and developing digital assets through deep analysis and understanding. The fund can tactically adjust its exposure to perform in any market environment.
Galaxy Asset Management's funds offer exposure to a range of digital assets, including Bitcoin, Ethereum, and the metaverse. The company also has partnerships with leaders in indexing and asset management, such as State Street.
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Galaxy Ventures Fund
Galaxy Digital Holdings Ltd. is a digital asset and blockchain company that provides platform solutions for a digitally native ecosystem. The company was founded in 2018 and is based in New York City, with offices across North America, Europe, and Asia. Galaxy Digital seeks to institutionalize the digital asset and blockchain space, offering asset management, investing, advisory, and trading services.
Galaxy has a range of funds, including the Galaxy Bitcoin Fund, the Galaxy Institutional Bitcoin Fund, and the Galaxy Crypto Index Fund. The company also offers the Galaxy Liquid Crypto Fund, which provides active exposure to core and emerging digital assets.
The Galaxy Ventures Fund is one of the company's key offerings. This fund focuses on venture investing, targeting startups and emerging businesses in the digital asset and blockchain space. Galaxy provides institutional-grade investment solutions and partners with leaders in indexing and asset management to offer diversified investment opportunities.
To invest in the Galaxy Ventures Fund, individuals can visit the Galaxy website and subscribe to their insights to stay updated on the latest news and offerings. The company also considers investor portfolios for their rankings, so submitting portfolio details is another potential step towards investing in the fund.
With a holistic financial platform spanning Global Markets, Asset Management, and Digital Infrastructure Solutions, Galaxy caters to a diverse client base, including institutions, startups, and qualified individuals.
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