Big institutions are moving again: a $100 million hedge fund is on the way

ForkMonger · 2026-01-21T05:10:11+00:00

Renowned cryptocurrency figure Mike Novogratz's Galaxy Group plans to launch a $100 million hedge fund in the first quarter, primarily investing in crypto tokens and financial services stocks, demonstrating significant capital interest in digital assets.

ForkMonger

2026-01-21 05:10:11

Abstract generation in progress

【BlockBeats】I saw an interesting piece of news—the Galaxy Group, led by the well-known crypto figure Mike Novogratz, plans to launch a $100 million hedge fund in the first quarter of this year. The funds are already in place, with family offices, high-net-worth individuals, and large institutions all contributing.

The fund’s strategy is quite clear: invest up to 30% of the principal in cryptocurrencies, and put the remaining 70% into financial services stocks—those publicly traded companies affected by digital asset technology and policies. Galaxy itself will also participate, effectively betting on its own judgment. It’s worth noting that Galaxy currently manages $17 billion in digital assets. Joe Armao, the head of this new fund, straightforwardly stated—selecting winners that are being disrupted and losers that are being phased out within the financial services sector, where the profit margins lie.

This actually reflects a trend: big capital is increasingly viewing digital assets as a standard allocation, no longer just small-scale moves.

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IfIWereOnChain

· 15h ago

Bro, Galaxy's move is pretty clever. Using stocks as a buffer to hedge risk is quite smart. 30% into the crypto circle, 70% into traditional finance. That's betting on both sides, very stable. Big capital plays like this. Small investors can only follow suit and copy.

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GasFeeCrier

· 15h ago

Oh damn, it's Novogratz causing trouble again. This guy really can't sit still. 30% in the crypto circle, 70% investing in financial stocks? This move is brilliant, feels like betting on a turning point in traditional finance. I'm relieved that Galaxy is co-investing, at least it's not just a routine of purely cutting leeks. Family offices are also joining in, indicating that wealthy people have long seen through the direction. Reminds me of those funds that only shout slogans before; this time, they've finally shown some real investment. Big capital entering the market is like this—always one step ahead of us.

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ArbitrageBot

· 15h ago

70% investing in stocks, 30% in coins, I’m familiar with this routine—it's all about risk hedging. Big institutions have long seen through this; now they’re just waiting for clearer policy signals. Galaxy’s 100 million scale isn’t really large, but I trust their judgment in co-investing.

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DuckFluff

· 15h ago

Nuo Ge is opening a new project again, casually spending 100 million USD. This is the real big player. --- 30% tokens, 70% stocks. The ratio looks so steady... Not really his style. --- 170 billion scale still not enough? Big capital is really starving. --- Wait, financial services stocks are also popular? Then I need to recheck my holdings. --- I have a feeling this fund is just betting on the decline of traditional finance, while also targeting emerging forces. --- Following one's own judgment on investments, at least not fooling LPs. That's interesting. --- Another "we invest in both coins and stocks" routine, quite a clever plan. --- From the looks of it, they've already figured out the winners and losers. What about us retail investors?

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GateUser-7b078580

· 16h ago

Data shows 30% investment in tokens, 70% in stocks... Is this allocation ratio outrageous, or should we wait for the historical lows to come again? However, with a scale of 17 billion USD and the decision to invest in their own judgment, how do miners account for eating up too much of this pie? Once again, it's a signal of big institutions entering the market—probably the last frenzy before the crash.

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