Dragonfly Capital completed the acquisition of MetaStable Capital.

Dragonfly Capital, a crypto venture company, completed the acquisition of MetaStable Capital, a cryptocurrency asset hedge fund. Financial terms were not disclosed. “The bear market has caused a lot of traditional funds and crossover funds to exit the crypto market. We’re the opposite: we’re going deeper, and committing to our crypto-native roots.” Haseeb Qureshi, Dragonfly Managing Partner.