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Democrats could lose ground in crypto strategy, Mike Novogratz warns
Mike Novogratz draws on his experience in competitive environments to compare political and market dynamics. He warns that the Democratic Party is at risk of losing its central position regarding crypto policy.
Novogratz expresses concern that once political ground is given up, it is difficult to regain, referencing his personal commitment as a party member.
Novogratz recently highlighted State Street’s launch of SWEEP, a tokenized liquidity fund built on Galaxy infrastructure, as part of an expansion into blockchain-based assets valued at $5 trillion assets under management here. He also announced the Galaxy Sharplink Onchain Yield Fund, which targets institutional capital and uses major ETH treasuries here. These developments reflect his ongoing involvement in institutional adoption of digital assets.
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