Exclusive to Reuters: Crypto billionaire Novogratz is leading investment for a virtual real estate company. Galaxy Interactive, the venture capital arm of crypto billionaire Mike Novogratz’s Galaxy Digital, has become a primary investor in virtual real estate developer Republic Realm, according to its managing director. Republic Realm’s managing director, Janine Yorio, told Reuters that Novogratz’s support was a vote of confidence in the $10 million investment entity. Republic Realm purchases virtual real estate, which is a crypto asset or non-fungible token (NFT) with blockchain-verified ownership and authenticity./n
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