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Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’

When Rob Hadick signed the paperwork to join Dragonfly Capital in April 2022, he rented a house in the Hamptons. A contract with his former employer, the hedge fund GoldenTree, obliged him to refrain from working for six months, so Hadick prepared to lean into forced leisure t...

🔗 Read more: https://fortune.com/2026/02/17/dragonfly-fourth-fund-crypto-venture-capital-blockchain-polymarket-ethena/

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