CTBC Venture Capital, the venture capital arm of Taiwanese financial firm CTBC Financial Holdings, has committed to invest up to $4.5 million in a crypto-focused fund by US-based Dragonfly Capital Partners.
In a filing with the Taiwan Stock Exchange, CTBC said its commitment to Dragonfly Ventures I Feeder LP is equivalent to approximately 4.6% of the target amount being considered for the fund.
