Category: dragonfly capital

Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and […]

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Dragonfly Capital is raising $500 million for new fund

Dragonfly Capital is raising $500 million for new fund

Dragonfly Capital, a crypto-focused venture capital firm, is raising $500 million for a new fund, according to a filing submitted with the Securities and Exchange Commission.  The new fund, dubbed Dragonfly Ventures III Feeder, will join a number of newly launched investment vehicles in the space, including Paradigm’s $2.5 billion venture fund and crypto exchange […]

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Near Foundation Raises $150 Million to Bolster Web3 Adoption

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding

Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding

On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising funds from firms like Liberty City Ventures, Ubisoft Entertainment, Sequoia China, and Dragonfly […]

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Mapping out Dragonfly Capital’s portfolio

Mapping out Dragonfly Capital’s portfolio

Quick Take Dragonfly Capital Partners is a crypto-asset investment firm based out of San Francisco and Beijing. Dragonfly Capital is bridging the gap between the crypto economies of the East and West. The firm raised $225 million in Dragonfly Fund II, which is focused on allocating capital toward DeFi, NFT projects, applications built on Ethereum […]

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Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns

Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns

Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, […]

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Dragonfly Capital launches new $225 million fund to invest in DeFi, NFT, and more projects

Crypto venture firm Dragonfly Capital has launched a new fund worth $225 million to invest in a variety of projects. The Dragonfly Fund II looks to mainly invest in four areas: Decentralized finance (DeFi) protocols; non-fungible token (NFT) projects; Ethereum Layer 2 solutions and businesses built on top of them; and centralized financial (CeFi) infrastructure. […]

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Mapping out the 10 most active crypto funds’ 2020 investments

Mapping out the 10 most active crypto funds’ 2020 investments

Quick Take The Block Research analyzed a total of 873 blockchain-related investment deals that have occurred this year to identify which crypto funds have been the most active in 2020 The most active funds this year include Alameda Research, Coinbase Ventures, CoinFund, ConsenSys Labs, Digital Currency Group, Dragonfly Capital, Hashkey Capital, NGC Ventures, Pantera Capital, […]

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