Crypto venture capital firm Dragonfly raises $650 million despite 'gloom of a bear market'

Despite the prevailing gloom and challenges associated with a bear market in the cryptocurrency sector, the prominent crypto venture capital firm Dragonfly has successfully raised an impressive $650 million in funding. This substantial capital infusion reflects the firm’s confidence in the long-term potential of the crypto industry, as well as the continued interest from investors willing to support innovative projects and companies in a tumultuous economic environment. source: https://www.coindesk.com/business/2026/02/17/crypto-venture-capital-firm-dragonfly-raises-usd650-million-despite-gloom-of-a-bear-market