CRYPTO2026-02-21

Dragonfly Capital Launches $650M Crypto Fund Amid Market Turmoil

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650 million. The fund comes as the broader cryptocurrency market faces a severe downturn, with token prices declining and investor enthusiasm weakened. Dragonfly’s previous fund, its third, deployed $500 million into startups such as Polymarket, Rain, and Ethena. The new $650 million vehicle aims to continue that trajectory and will provide capital for the firm to pursue early-stage investments at a time when the crypto venture sector is experiencing a slowdown as deal activity declines and firms face challenges in raising additional

Source: https://cryptopotato.com/dragonfly-capital-launches-650m-crypto-fund-amid-market-turmoil/

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