Crypto-focused Dragonfly Capital secures $650m for its third VC fund

Crypto-focused Dragonfly Capital secures $650m for its third VC fund

Photo by Andre Francois on Unsplash

Dragonfly Capital, a crypto-focused investment firm, has made a final close of its third venture fund and a feeder vehicle with capital commitments of $650 million, exceeding the original target of $500 million, its filing to US regulators showed.