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BTCC / BTCC Square / Global Cryptocurrency /
Dragonfly Capital Raises $650M to Back Crypto Infrastructure

Dragonfly Capital Raises $650M to Back Crypto Infrastructure

Author:
Global Cryptocurrency
Published:
2026-02-17 14:58:02
7
2
BTCCSquare news:

Dragonfly Capital has secured $650 million for its fourth fund, defying the current crypto venture downturn it describes as a "mass extinction event." The firm's bullish stance targets foundational crypto sectors: financial infrastructure, stablecoins, on-chain finance, and tokenized real-world assets (RWA).

This capital injection signals institutional conviction in blockchain's long-term potential. Dragonfly positions itself to fund projects that could redefine decentralized finance, even as broader markets fluctuate. The MOVE underscores venture capital's selective appetite for infrastructure plays amid sector-wide volatility.

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