Announced
Completed
Financials
Sources
Tags
Acquisition
cryptocurrencies
Majority
Friendly
FinTech
blockchain
United States
Private Equity
Private
Completed
Domestic
Single Bidder
Synopsis
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.
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