Deals
Crypto VC Fund Dragonfly Seeks to Raise a $500 Million Fund
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Crypto venture capital firm Dragonfly Capital is seeking to raise $500 million for its fourth fund, which will invest in early-stage projects, according to a person with knowledge of the matter.
The San Francisco-based firm has garnered $250 million so far and aims to close the fundraising by next year’s first quarter, the person said, asking not to be named as the details aren’t public yet.