Blockchain

Technology

Last mentioned: 4d ago

Timeline

  1. Fund IV Closure

    Dragonfly officially closes its $650 million fourth fund amid industry consolidation.

  2. Strategic Bets

    Early investments in Polymarket and Rain begin to show significant market traction.

  3. Fund III Launch

    Dragonfly raises its third fund during the height of the crypto bull market.

  4. Dragonfly Founded

    Firm launches with a focus on bridging the gap between Eastern and Western crypto markets.

Stories mentioning Blockchain 1

Markets Bullish

Dragonfly Defies 'Mass Extinction' With $650 Million Fourth Crypto Fund

Crypto venture firm Dragonfly has successfully closed its fourth fund at $650 million, signaling a flight to quality in a tightening market. The raise comes as the broader blockchain venture capital landscape faces a period of significant consolidation and 'mass extinction' for smaller firms.

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