Amid crypto VC shakeout, Dragonfly closes $650M fund with focus on real-world assets

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Why This Matters

Dragonfly, a crypto venture capital firm, has successfully closed a $650M fund with a focus on real-world assets, indicating a shift in the crypto VC landscape towards more institutional and practical investments.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Dragonfly’s raise comes as crypto venture capital shifts toward tokenized real-world assets, payments and core financial infrastructure that enables institutional participation.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 17, 2026.
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