Galaxy

We’ve touched down in Singapore! Excited to kick off TOKEN2049 with panels, networking, and side events alongside the global Web3 community. See where to find Galaxy throughout the conference ⬇️ #TOKEN2049

Stablecoins are increasingly viewed as a potential M&A battleground, with funding projected for considerable growth in 2025 and fintech leaders moving to expand their capabilities. Galaxy Ventures General Partner Mike Giampapa was quoted in a recent CB Insights article exploring stablecoin adoption and the possible implications for financial services. Mike noted that: “Despite $190T+ in annual flows, cross-border payments remain outdated. Galaxy Ventures invests in stablecoins and next-gen rails to deliver more efficient, transparent, and programmable payments. Rail stood out as an API-first platform merging fiat and digital into one compliant network – removing friction, lowering costs, and setting a new global standard for payments.” 🔗 Read the full CB Insights analysis here: https://lnkd.in/g7nH6JRK 

The relentless growth in demand for AI compute shows no signs of slowing down. Galaxy’s Helios campus in Texas has the rare combination of scale, speed, and sustainability needed to support frontier AI models. With 3.5 GW of potential capacity, Helios rivals entire U.S. data center markets. Reliable power at scale. High-speed connectivity. Expansive land. Sustainable water supply. Access to a skilled workforce. Helios is uniquely positioned to power the AI economy. Read our new report written by Simrit Dhinsa & Sebastian Orejas: https://lnkd.in/emnuTrBU

Exciting news from the Galaxy Interactive portfolio: FutureCrest Acquisition Corp. (NYSE: FCRS.U) has officially priced its $250M IPO! We’re especially proud to see Sam Englebardt join the Board alongside an incredible group of leaders — Thomas (Tom) Lee, Chi Tsang, Eric Semler, Seth Ginns, and David Sharbutt. Truly a SPAC Sponsor Dream Team. FutureCrest is on the hunt for a transformational opportunity at the intersection of AI, digital assets, energy, infrastructure, and communications — sectors working to reshape the global economy at unprecedented speed. Change is accelerating. We’re ready to help lead it. Learn more: https://lnkd.in/eq2FK4Ce

In this episode of Galaxy Brains, Alex Thorn welcomes Vivek Raman, Co-Founder & CEO of Etherealize, to discuss whether Ethereum can become the world’s settlement layer. They cover Ethereum’s roadmap, tokenization on L1 vs L2s, ZK-powered privacy for institutions, and why ETH is emerging as a yielding store-of-value alongside Bitcoin. Plus, Beimnet Abebe (Galaxy Trading) joins to discuss crypto liquidations, Bitcoin’s rebound, equity market momentum, gold’s new highs, and how Fed policy and fiscal dynamics are shaping risk appetite. Check it out 🎧 YouTube: https://lnkd.in/ewiqru8J Spotify: https://lnkd.in/eVbcM7zs Apple Podcasts: https://lnkd.in/eYNsbWxD

In Galaxy Research's latest newsletter: 1️⃣ Aster’s Astronomic Rise $ASTER, the decentralized exchange’s token, launched just a week ago and has already vaulted into the top echelon of revenue-generating protocols in the crypto space. 2️⃣ No Wire Room, No Cry: CFTC Blesses Crypto Collateral This week, the Commodity Futures Trading Commission (CFTC) announced a pilot program to accept tokenized non-cash collateral for derivatives trades, explicitly including stablecoins, and even bitcoin, under its risk frameworks. 3️⃣ Tether’s Lofty Valuation Target Underscores Global Ambition Tether, the largest stablecoin issuer, is in talks to raise $15 billion to $20 billion via a private placement that would value the company around $500 billion, Bloomberg reported Tuesday. Read the full breakdown ⤵️

We’re excited to be at TOKEN2049 Singapore, happening October 1–2 at Marina Bay Sands! Galaxy will be on the ground with a packed agenda of panels and side events, joining the global Web3 community to connect and shape the future of digital assets. 🎤 Catch us on the OKX Main Stage: 10/1: Alex Thorn — Tokenization: Redefining Capital Markets  10/2: Jason Urban — The Solana Treasury Bet: From Balance Sheets to Ecosystem Flywheel 🪩 Join us at our side events: 9/30: Trader Brunch — Networking with industry peers 10/1 Brunch with Avenir — Thoughtful discussion over great food 10/1 Sunset Social with Animoca Brands & Bitget — Invite-only networking with top founders & investors 10/1 Brunch with DDC BTC & Gemini — Bringing leaders together for collaboration 10/2 Galaxy x Morpho — An afternoon exploring the future of finance Our team looks forward to connecting in Singapore 🇸🇬. See you at #TOKEN2049!

Decentralized AI training has gone from theory to reality. Over the past year, projects like Nous Research, Prime Intellect, Pluralis Research, templar, and Gensyn have shown it’s possible to: ▪️ Coordinate GPUs globally for model training ▪️ Reduce communication overhead with novel optimizers ▪️ Introduce crypto-economic incentives and verification layers Why it matters:  ▪️ Access: Taps into unused GPUs worldwide, opening advanced AI development to more researchers.  ▪️ Openness: Challenges centralized labs’ control over foundational models.  ▪️ Foundation: A critical step toward building a fully onchain AI stack. Our new Galaxy Research report, Decentralized AI Training: Architectures, Opportunities, and Challenges, explores:   ▪️ Architectures powering decentralized training protocols  ▪️ The technical and economic problems they aim to solve  ▪️ Opportunities and risks as the field scales Decentralized training is no longer just a concept. It’s happening now. The big question: can it deliver practical advantages over centralized labs? 📖 Read the full report by Lucas Tcheyan: https://lnkd.in/eA4KVeaG 

The founders we back at Galaxy Ventures are building the next generation of crypto. They’re hiring talent to take their companies to the next level.     Open Roles: 🔹 Chief Strategy Officer (Confidential) 🔹 Head of Risk – Agora 🔹 Chief Compliance Officer (HK)(Confidential)  🔹 Smart Contract Engineer – Plume  🔹 Frontend Engineer (Confidential)    👉 Apply today: https://lnkd.in/eB2z7t_w

Artificial intelligence is fueling unprecedented demand for compute and power. The U.S. grid is struggling to keep up. Galaxy’s latest research shows U.S. data center consumption will double or triple by 2028, rising from 176 TWh in 2023 to as much as 580 TWh. Our Helios campus in Texas is designed to meet this challenge. With 800MW of approved capacity and 2.7 GW under study, Helios offers 3.5 GW potential capacity — making it one of the largest single-site data center campuses in the world. Check out our new report by Simrit Dhinsa & Sebastian Orejas 👇