Galaxy Group, a company operating in the cryptocurrency and digital asset sector, announced plans to establish a new $100 million crypto hedge fund in the first quarter of 2026.
According to the Financial Times, Galaxy, led by CEO and founder Mike Novogratz, aims to profit from both the rises and falls in the cryptocurrency markets with this fund.
Details regarding the portfolio structure of the newly established fund are also beginning to emerge. Accordingly, a maximum of 30% of the fund’s assets will be invested directly in crypto tokens.
The remaining portion will be invested in shares of financial services companies affected by digital asset technologies and regulatory changes. Thus, the fund will focus not only on cryptocurrency price movements but also on structural transformations within the financial sector.
Galaxy has reportedly already secured commitments for its hedge fund from family offices, high-net-worth individuals, and institutional investors. It is also stated that the Galaxy Group will participate in the fund with its own capital. The fund will be managed by experienced investor Joe Armao.
The team led by Armao will shape the fund’s investment strategy within the framework of the profound transformation created by digital assets and artificial intelligence technologies in the financial sector. In this context, the theme of “winners and losers” will be highlighted, and efforts will be made to identify companies that have gained a competitive advantage in the sector.
Experts say Galaxy’s move reflects the growing interest of institutional investors in the crypto market. The fund, planned to launch in 2026, is seen as a remarkable example of both capitalizing on volatility in crypto markets and investing in digital transformation within the financial services sector.
*This is not investment advice.