Last mentioned: 4d ago
Zircuit Finance, backed by Dragonfly and Pantera Capital, has launched an institutional-grade onchain yield platform targeting 8-11% APR on stablecoins. Incubated by a team from Quantstamp, the platform emphasizes a security-first approach for USDC and USDT holders.
Dragonfly Capital has successfully closed its fourth venture fund at $650 million, signaling a flight to quality in the digital asset space. The raise comes as the broader blockchain venture capital landscape faces a period of severe consolidation and capital scarcity.
Dragonfly has successfully closed its fourth venture fund at $650 million, signaling robust investor confidence despite a broader consolidation in the digital asset investment landscape. The new vehicle will prioritize investments in tokenized real-world assets (RWA), payment systems, and institutional-grade financial infrastructure.