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Wu Blockchain (@WuBlockchain): According to Fortune, Dragonfly Capital has closed its fourth fund at $650 million, despite describing the current crypto venture landscape as a “mass…

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According to Fortune, Dragonfly Capital has closed its fourth fund at $650 million, despite describing the current crypto venture landscape as a “mass extinction event.” The firm said it remains focused on crypto’s shift toward financial infrastructure, including stablecoins, onchain finance, and tokenized real-world assets (RWA). https://fortune.com/2026/02/17/dragonfly-fourth-fund-crypto-venture-capital-blockchain-polymarket-ethena/

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