🇺🇸 Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of 150 million, with expectations to close between 175 million and 180 million by the end of June, according to a Bloomberg report. The fund focuses on early-stage startups, emphasizing payments and stablecoins, and is closing at a time when venture funding in the crypto industry remains challenging. Galaxy Ventures, which has historically invested between 30 million and 50 million annually from its own resources, has opened this new fund to outside investors, primarily family offices and high-net-worth individuals. What are your thoughts on the future of venture funding in the crypto space? 💬