{"id":557255,"date":"2026-02-17T18:53:11","date_gmt":"2026-02-17T18:53:11","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/02\/17\/amid-crypto-vc-shakeout-dragonfly-closes-650m-fund-with-focus-on-real-world-assets\/"},"modified":"2026-02-17T18:53:11","modified_gmt":"2026-02-17T18:53:11","slug":"amid-crypto-vc-shakeout-dragonfly-closes-650m-fund-with-focus-on-real-world-assets","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/02\/17\/amid-crypto-vc-shakeout-dragonfly-closes-650m-fund-with-focus-on-real-world-assets\/","title":{"rendered":"Amid crypto VC shakeout, Dragonfly closes $650M fund with focus on real-world assets"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDkvMDE5MjMzNGUtNDEyMy03NDRmLTk1YjctOTIxNDNlMzRlYmNl.jpg\" alt=\"Amid crypto VC shakeout, Dragonfly closes $650M fund with focus on real-world assets\" class=\"type:primaryImage\" \/><\/p>\n<p>Dragonfly\u2019s raise comes as crypto venture capital shifts toward tokenized real-world assets, payments and core financial infrastructure that enables institutional participation.<\/p>\n<p data-ct-non-breakable=\"undefined\">Crypto venture capital firm Dragonfly Capital has closed its fourth fund, raising $650 million to invest in what it sees as the next phase of blockchain companies.\u00a0<\/p>\n<p>The new vehicle is Dragonfly\u2019s fourth fund, according to an X post by fund general partner Rob Hadick. Fortune <a href=\"https:\/\/fortune.com\/2026\/02\/17\/dragonfly-fourth-fund-crypto-venture-capital-blockchain-polymarket-ethena\/\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/fortune.com\/2026\/02\/17\/dragonfly-fourth-fund-crypto-venture-capital-blockchain-polymarket-ethena\/\">reported<\/a> that rather than chasing consumer apps, the firm hinted that it is targeting more traditional financial products built on blockchain rails, including credit card-like services and money market-style funds, as well as tokens tied to real-world assets such as stocks and private credit.<\/p>\n<p>The shift reflects a broader pivot in crypto toward financial infrastructure and onchain finance, including payments, lending, <a href=\"https:\/\/cointelegraph.com\/news\/crypto-investment-themes-2026-bitcoin-stablecoins-tokenized-assets\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/crypto-investment-themes-2026-bitcoin-stablecoins-tokenized-assets\">stablecoin systems<\/a> and tokenized real-world assets.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/amid-crypto-vc-shakeout-dragonfly-closes-650m-fund-with-focus-on-real-world-assets\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Dragonfly\u2019s raise comes as crypto venture capital shifts toward tokenized real-world assets, payments and core financial infrastructure that enables institutional participation. Crypto venture capital firm Dragonfly Capital has closed its fourth fund, raising $650 million to invest in what it sees as the next phase of blockchain companies.\u00a0 The new vehicle is Dragonfly\u2019s fourth fund, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":557256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-557255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/557255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=557255"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/557255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/557256"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=557255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=557255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=557255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}