Ex-Galaxy Digital executive Tim Grant joins venture capital firm Deus X

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Ex-Galaxy Digital executive Tim Grant joins venture capital firm Deus X

Tim Grant, a former Galaxy Digital executive, launched Deus X Capital, a cryptocurrency-focused investment firm with an initial $1 billion in investment assets and capital.

He will join the company as CEO and Stuart Connolly, formerly of Red Acre Ventures, will serve as chief investment officer.

While operations will be limited to Malta, London and the United Arab Emirates, Deus X Capital will invest in private equity, venture capital, venture building and fund allocation. The company's investments are currently held by its wholly-owned Netrios, stakes in Hilbert Group and Galaxy, and venture capital investments in SEBA, HAYVN and Cryptochill.

Deus X's AlphaLab40 will be Deus X's first incubation project. The founder, Connolly, also serves as CEO of AlphaLab40.

In a statement cited by The Block, Grant said he did not know whether he was indicted.

Later this week, Invesco Galaxy Spot Ether ETF Proposal joins US Queue, Futures ETF To Launch bientôt.

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