Is Dragonfly capital the latest venture firm to invest in cryptocurrency?

Dragonfly Capital is only the latest venture firm to announce a jumbo-sized new fund for cryptocurrency investments. The flood of dollars earmarked for cryptocurrency startups just got significantly bigger. Dragonfly Capital Partners, a venture firm focused on such investments, announced Wednesday it's raised $650 million for its third fund.

Is Dragonfly raising $500 million for a new fund?

Crypto venture capital firm Dragonfly Capital Partners is raising $500 million for a new fund, according to a new regulatory filing. The Dragonfly Ventures III Feeder fund has a $500 million target and hasn’t accepted its first investment yet. Dragonfly indicated that it doesn’t expect the offering to remain open for more than one year.

Who is Dragonfly group?

We are a unique partner to growing companies with capital, strategic and operating needs Our combined 40+ years of operating and investing in growth companies provide us a distinct competitive advantage Dragonfly Group is a privately-held, value-add investment and advisory firm focused on unique platforms of content, distribution and technology.

Who is Dragonfly Financial Solutions LLC?

Dragonfly Financial Solutions LLC is based in Boston and offers services live and virtually throughout the United States. Kimberly Zimmerman Rand is a seasoned professional with 20+ years of experience helping hard-working households live their best financial lives.