What is Dragonfly Capital?

Dragonfly Capital is a globally oriented venture capital firm that deeply engages with the blockchain and cryptocurrency sectors. Founded with the goal of driving innovation across the crypto ecosystem, Dragonfly Capital manages substantial funds aimed at fostering growth in various stages of company and protocol development within this dynamic field.

The firm launched its latest fund, Dragonfly Ventures III, in 2022 with a capital base of $650 million, highlighting the substantial interest and commitment from diverse investors including prominent VCs, endowments, and institutional backers. This fund was created to invest across all stages of blockchain and crypto-native companies, underscoring Dragonfly’s comprehensive approach to capital deployment in the crypto space.

Dragonfly Capital is known for its strategic investments in critical areas such as decentralized finance (DeFi), smart contracts, non-fungible tokens (NFTs), the metaverse, and play-to-earn gaming, among others. By leveraging its vast network and expertise, Dragonfly continues to enhance its portfolio’s diversity, focusing on groundbreaking technologies that promise to redefine the future of digital interactions and transactions.

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