DragonFly Completes $20 Million Seed Financing, Embarking on a New Journey of Globalization
2021-10-11 10:00:00 Primitive Reading

 

In October 2021, DragonFly achieved another important milestone in the field of decentralized finance - successfully completing its first round of seed financing. This round of financing was jointly led by Polychain Capital and Galaxy Digital, two of the world's top blockchain investment institutions, with a financing amount of up to US$20 million, providing strong financial support for the project's technological development and global layout.

The participation of Polychain Capital and Galaxy Digital not only provides financial support for DragonFly, but also highly recognizes the project concept and technical strength. Polychain Capital: As a world-renowned blockchain investment institution, Polychain Capital focuses on supporting innovative blockchain projects. This investment demonstrates their confidence in DragonFly's potential in the field of decentralized finance. Galaxy Digital: As a leading digital asset management company, the participation of Galaxy Digital provides DragonFly with rich industry resources and strategic guidance. In addition, a number of strategic partners and angel investors also participated in this round of financing, further consolidating DragonFly's position in the industry.

DragonFly合作横图_画板 1 副本 2 (2)

The funds from this round of financing will be mainly used in the following areas:

  • Technology research and development: Further optimize the Asset Link system to improve the integration efficiency of real-world assets (RWA) and DeFi.
  • Global layout: Expand influence in North American, European and Asian markets and provide more diversified financial services to global users.
  • Ecosystem construction: Attract more developers and partners to join the DragonFly platform to jointly build a decentralized financial ecosystem.
  • Security and Compliance: Strengthen the security of the platform while ensuring compliance operations in different countries and regions to lay the foundation for steady development.

This round of seed financing not only provides DragonFly with strong resource support, but also further enhances its industry status. As an innovative platform that connects the real economy with blockchain technology, DragonFly's vision has been highly recognized by the capital market and attracted more attention from the industry.

After the financing was completed, Alexander Fischer, founder of DragonFly, publicly stated: "This financing is not only a recognition of our team's efforts, but also a trust in the future of decentralized finance. DragonFly will promote the deep integration of traditional finance and blockchain technology with greater determination to bring truly inclusive financial services to global users."

The successful financing in October 2021 has opened a new chapter for DragonFly. This is not only a financial support, but also a responsibility and motivation to promote the team to continue to innovate and accelerate the implementation of technology.

With the injection of funds and the expansion of market layout, DragonFly is taking practical actions to implement its vision: to build an efficient, transparent and fair global financial ecosystem. With every step in the future, DragonFly will take firm steps towards a new era of decentralized finance!

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

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