【Dragonfly Capital Partners】A cryptocurrency fund with a size of 100 million dollars (about 11 billion yen) is born, with investments from Okex and Bitmain
Dragonfly Capital Partners has given birth to a cryptocurrency fund worth $100 million (about 11 billion yen).
A New Approach to Venture Capital
Dragonfly Capital Partners is backed by big names such as Okex and Bitmain. This venture capital focuses on three asset types: technology companies in the pick-and-shovel category, cryptocurrency funds, and Dapps.
This venture capital was founded by two industry-experienced experts, Alexander Pack and Bo Feng. Feng previously founded Ceyuan Ventures and is currently the largest investment institution at Okex. Pack runs cryptocurrency funds such as Bain Capital Ventures, and was also a general partner at Polychain Capital.
Pack commented as follows at the time of the announcement.
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