A new crypto investment firm co-founded by a one-time Galaxy digital executive is tapping its old firm to scale actively managed digital asset strategies.
-Sarah Olsen and Peter Wisniewski launched their Europa digital assets in early April.
-Galaxy digital has deployed seed Capital for The firms flagship Opportunistic Offshore Fund, The company said Thursday.
-Europas actively managed open-end Fund is set to offer qualified purchasers exposure to crypto spot assets, derivatives and DeFi protocols.
-Wisniewski said The crypto market is still quite fragmented, noting companies and projects in The space often have limited access to cash.
-Despite The ongoing sell-off in crypto markets, Wisniewski said, many investors are interested in taking advantage of lower valuations.