Dragonfly Capital launched a new fund tagged the dragonfly fund II $225 mikion to invest in four core areas:
- Decentralized finance (DeFi) protocols;
- Non-fungible token (NFT) projects
- Ethereum layer 2 solutions and businesses built on them and
- Centralized financial (CeFi)
Partners in the fund include Sequota China (strategic partner), OKEx, Huobi, Bitmain, and Bybit.
Hasseb Qureshi of Dragonfly Capital said the partnerships will Crypto forward.