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Crypto venture capital firm Dragonfly Capital has closed its fourth fund, raising $650 million to invest in what it sees as the next phase of blockchain companies.
The new vehicle is Dragonfly’s fourth fund, according to an X post by fund general partner Rob Hadick. Fortune reported that rather than chasing consumer apps, the firm hinted that it is targeting more traditional financial products built on blockchain rails, including credit card-like services and money market-style funds, as well as tokens…
https://cointelegraph.com/news/amid-crypto-vc-shakeout-dragonfly-closes-650m-fund-with-focus-on-real-world-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
