Dragonfly Capital Targets $500M Fund for Early-Stage Crypto Projects

As reported by COINOTAG on September 17, Bloomberg announced, quoting sources close to the matter, that the crypto venture capital firm, Dragonfly Capital, aims to raise $500 million for its fourth fund. This new fund is designed to invest in early-stage blockchain projects. Thus far, the firm has successfully raised $250 million and intends to finalize the financing by the first quarter of the next year.