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Jacquelyn Melinek: Dragonfly closes $650 million fund as a16z crypto targets $2 billion

Jacquelyn Melinek: Dragonfly closes $650 million fund as a16z crypto targets $2 billion
Dragonfly and a16z crypto fund moves

Dragonfly recently closed a new $650 million fund, according to Jacquelyn Melinek.

In a follow-up, Melinek notes that Fortune reported a16z crypto is now targeting a $2 billion fund. These moves have prompted questions about whether crypto venture funding is experiencing a resurgence or if fresh capital remains scarce.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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