Dragonfly completes $650 million fourth fundraise
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According to Odaily, as reported by Fortune, crypto VC Dragonfly has completed fundraising for its fourth fund, reaching a scale of $650 million. Dragonfly stated that the current blockchain venture capital industry is undergoing a "large-scale clearance," but institutions remain optimistic about the trend of crypto financialization, with a focus on stablecoins, on-chain financial infrastructure, and real-world asset tokenization.
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