Dragonfly Buys Hedge Fund Backed by A16z and Sequoia to Expand Web3 Strategy

Dragonfly Buys Hedge Fund Backed by A16z and Sequoia to Expand Web3 Strategy

Quick take: Dragonfly has purchased MetaStable. The crypto-focused venture capital firm is expanding its web3 strategy beyond NFTs, DeFi and gaming projects. MetaStable is a crypto investment firm backed by ...
14 hours ago
from: NFTgators

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Cryptocurrency, Hedge fund, Investment fund, Sequoia, Venture capital
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- Crypto-focused venture firm Dragonfly acquires hedge fund
Previously the venture firm had also increased its exposure to the digital asset sector via multiple private investment rounds. It had closed a $650 million funding round in April in a bid ot extend its crypto portfolio. The ...
from: Forbes India
- Dragonfly Acquires Crypto Investment Fund MetaStable Capital
Dragonfly announced the acquisition of MetaStable Capital, one of the oldest cryptocurrency investment funds, and the completion of a rebranding.
from: The Crypto Times
- Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
MetaStable was an early investor in Ethereum, blockchain network Cosmos and blockchain scalability company StarkWare, to name a few. Dragonfly has also dropped the “Capital” from its name and has adopted a ...
from: Coindesk
- Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Leading crypto VC Dragonfly has acquired one of the oldest digital asset-focused hedge funds.
from: Cointelegraph
- Crypto Venture Company Dragonfly Buys Hedge Fund, Rebrands
Digital-asset venture capital firm Dragonfly said it acquired MetaStable Capital, one of the oldest investment funds in cryptocurrencies, and completed a rebranding. The acquisition comes as the digital-asset industry consolidates, said Haseeb Qureshi, ...
from: Bloomberg
- Dragonfly acquires a16z-backed crypto hedge fund MetaStable
Crypto venture firm Dragonfly has acquired cryptocurrency hedge fund MetaStable Capital, taking another step into establishing itself as a top crypto-focused platform in the industry. Dragonfly, which announced the acquisition on Monday, ...
from: Invezz
- Crypto Venture Firm Dragonfly Acquires Hedge Fund Backed By A16z, Sequoia
Cryptocurrency-focused venture capitalist Dragonfly has purchased MetaStable, its first digital assets hedge fund firm.
from: Blockworks
- Crypto Venture Firm Dragonfly Acquires Hedge Fund MetaStable
The deal took place for an undisclosed amount. Hedge fund MetaStable had the backing of some of the top venture capital firms.
from: Coinspeaker
- Dragonfly buys MetaStable Capital
Digital-asset venture capital firm Dragonfly has acquired MetaStable Capital. Why it's the BFD: The digital asset sector and crypto broadly are in consolidation mode, and this another example. From Bloomberg: "MetaStable, co-founded by Naval Ravikant ...
from: Axios