Crypto-focused venture firm Dragonfly acquires hedge fund
Crypto-focused venture firm Dragonfly acquired hedge fund MetaStable Capital for an undisclosed amount
By Shashank Bhardwaj
Dragonfly, a crypto-focused venture firm, recently acquired the digital asset-focused investment fund MetaStable Capital. The move comes in the wake of the ongoing bear market and the consolidation phase the crypto industry is currently in. The acquisition had Dragonfly dropping the word ‘Capital’ from its title, rebranding itself to reflect its growing hold in the digital asset space.
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