Dragonfly Capital Raises $650M for Third Crypto Fund

Dragonfly Capital Raises $650M for Third Crypto Fund

Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion, a company spokesperson told CoinDesk. The fund will focus on all stages of blockchain and crypto companies creating “new digital economies.” Limited partners included global investment giants Tiger Global, KKR and Sequoia China, among others.

Originally Posted on: https://www.coindesk.com/business/2022/04/27/dragonfly-capital-raises-650m-for-third-crypto-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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