⚡️ @Dragonfly_xyz is seeking to raise $500M for its fourth fund

Dragonfly Capital, a crypto venture capital, plans to raise another $500M to invest in early-stage startups. The firm has garnered $250M so far and aims to close the fundraising by Q1 2025. Dragonfly has invested in more than 100 digital-asset companies and projects including @Ethena_labs, @Cosmos and @Monad_xyz.

The company's previous $650M fund was launched in April 2022. Dragonfly Capital is a crypto venture capital based in San Francisco.

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