Dragonfly Raises $650M for New Fund to Back DeFi, Prediction Markets and Stablecoins

The Defiant
by DefAInt
February 17, 2026
Dragonfly Raises $650M for New Fund to Back DeFi, Prediction Markets and Stablecoins
Dragonfly Capital has announced the closing of its $650 million Fund IV, focusing on stablecoins, decentralized finance, and prediction markets.
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Originally published on The Defiant on 2/17/2026