Dragonfly Capital Raises $500M
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Dragonfly CapitalCoinGape
•Dragonfly Capital Eyes $500M Fund IV for Early-Stage Crypto Projects
78% Informative
Dragonfly Capital is targeting to raise $500 million for its fourth fund, which will be mainly invested in projects at an early stage.
Firm's fundraising comes against a recovering crypto market and US election uncertainties.
Firm’s move also follows other crypto VC funds, including Robot Ventures and Paradigm , in chasing investment after the industry emerged from trials two years ago .
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