Venture Capital Invests Huge Sums in Crypto Projects

Bitcoin, Ether Bounce to Mark Gains on Monday While Terra Shoot Up by 14 Percent

Venture capital is making a big move on crypto in 2022. Scared of being left in the digital dust, private equity investors are stampeding towards crypto projects — blockchain-based apps and platforms fuelled by cryptocurrencies that are native to the virtual economies of the metaverse and Web3. VC investment in such projects totalled $10 billion (roughly Rs. 76,600 crore) … Read more

Dragonfly Raises Third Crypto Fund of $650 Million to Help Fund Startups at All Stages

Dragonfly Raises Third Crypto Fund of $650 Million to Help Fund Startups at All Stages

Crypto venture capitalist Dragonfly Capital said on Wednesday it will launch its biggest fund yet, with a valuation of $650 million (roughly Rs. 4,975 crore). The fund is its third such venture, and is called Dragonfly Fund III. The fund is more than twice the value of the firm’s previous two funds, which came up … Read more