Galaxy Digital Asset Management (GDAM), the diversified asset-management arm of Galaxy Digital Holdings Ltd dedicated to the digital assets and blockchain technology industry, is investing in Europa Digital Assets, an active alternative investment manager focused on crypto opportunities.
GDAM’s investment will provide seed capital for the firm’s Europa Opportunistic Offshore Fund, a newly launched fund that will offer investors exposure to cryptocurrency markets by actively managing investments across the digital asset ecosystem, including spot assets, derivatives, and DeFi protocols. Europa will also utilise Galaxy Digital’s trading platform.
Additional terms of the partnership have not been disclosed.
Europa is managed by co-founders Peter Wisniewski, who was formerly co-head of Global Trading at Galaxy Digital, and Sarah Olsen, who was previously head of corporate development for Onyx by JPMorgan, the world’s first bank-led blockchain platform for the exchange of value, information, and digital assets.