Crypto-focused VC Dragonfly Capital Partners raising $200m for second fund

Photographer: Chris Ratcliffe/Bloomberg

Dragonfly Capital Partners, a San Francisco-based crypto-focused venture capital firm, is raising $200 million for its second VC fund, two years after scooping up $100 million for its inaugural vehicle.

Dragonfly is led by Managing Partners Alexander Pack, who previously headed network investing at Bain Capital Ventures, and Bo Feng, who previously was a founding partner of Ceyuan Ventures.

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