Grand Cayman, Cayman Islands — (Marketwired — January 23, 2018)

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES., the developer behind the leading blockchain software EOSIO, and Galaxy Digital LP (“Galaxy Digital”), a full service, digital assets merchant bank, today announced the formation and capitalization of a joint venture that is focused on developing the EOSIO ecosystem and making strategic investments in projects that utilize EOSIO blockchain software. As part of the new relationship, and Galaxy Digital will deploy capital for future investments through the capitalization of a new $325 million EOSIO Ecosystem Fund (the “Fund”).

Sam Englebardt, Head of Strategic Partnerships at Galaxy Digital, said: “With so many new blockchain projects, it can be difficult to ascertain which ones will emerge as market leaders. However, we believe EOSIO is one of them. The team and the EOSIO community are introducing the first scalable infrastructure to enable mainstream blockchain adoption and we are excited to be at the forefront of such a transformative initiative which we anticipate will drive positive change in the digital assets space.”

Mike Novogratz, CEO of Galaxy Digital, added: “EOSIO is designed to enable new community-driven business models capable of disrupting the world’s largest technology incumbents. This milestone represents Galaxy Digital and’s joint commitment to investing in that future.”

Brendan Blumer, CEO of, commented: “Mike Novogratz and the team at Galaxy Digital are leading advocates for blockchain adoption and share our belief that this software fundamentally expands the capabilities of blockchain technology. We are excited to add Galaxy to the list of industry leaders driving EOSIO innovation and expect this partnership to serve as an enormous catalyst for ecosystem growth.

The EOS VC program offers developers and entrepreneurs the funding they need to create community driven businesses leveraging EOSIO software.

Enquire at to learn more.

Media Contact:

For Galaxy Digital LP
Prosek Partners
Mike Geller, 212–279–3115; Ext: 242

Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations, and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice.

Announcements EOS VC