Dragonfly Capital Launches $650M Venture Fund
The crypto-focussed investment firm Dragonfly Capital has announced closing its third fund with $650 million in capital. Some of the limited partners were Tiger Global, KKR, Sequoia China, Ivy League endowments, Invesco, and Top Tier Capital Partners, among others. Dragonfly Fund III Dubbed “Dragonfly Fund III,” the fund’s valuation is twice that of the previous…