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Dragonfly Capital Eyes $500M Fund IV for Early-Stage Crypto Projects

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Summary
Nutrition label

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 .

VR Score

73

Informative language

70

Neutral language

38

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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