Here is a professional and engaging version of this news, specifically optimized for Binance Square. I have simplified the technical details (like CLOs) into easy-to-understand points.
🚀 Mike Novogratz's Galaxy Launches $100M Hedge Fund!
Mike Novogratz’s digital asset giant, Galaxy Digital, is making big moves in early 2026. The firm is launching a $100 million hedge fund designed to profit whether the market goes UP or DOWN.
Key Highlights:
📉 Long & Short Strategy: The fund is built to handle market volatility, taking positions on both price rises and falls.
💰 Mixed Portfolio: Up to 30% of the capital will go directly into crypto tokens, while the other 70% will target financial stocks shaped by blockchain and AI.
🏦 Institutional Interest: Already secured $100M from big family offices and high-net-worth investors.
⛓️ Real-World Utility: Galaxy also just tokenized a $75M loan (CLO) on the Avalanche network, proving that traditional credit is moving on-chain.
Galaxy's leadership believes the "up-only" phase of the cycle might be ending, making this "long-short" strategy essential for the current market environment.
Key Coins to Watch:
💎
$BTC (Remains the core asset amidst Fed rate cut expectations)
💎
$ETH (Maintained as a high-conviction asset for the fund)
💎
$SOL (Galaxy recently bought $1.5B+ worth and remains very bullish)
💎 $AVAX (The network chosen for Galaxy’s first tokenized loan deal)
💎 $LINK (Crucial for the tokenization and data infrastructure mentioned)
#CryptoHedgeFund #BTC #SOL #AVAX