Dragonfly Capital leads $7.5M round for Quadrata’s identity passport

07/12 14:44

Quadrata, a Web3 identity passport network, has raised $7.5 million in a seed funding round led by Dragonfly Capital that the company will use to expand to additional blockchains and grow the team, Quadrata co-founder and CEO Fabrice Cheng told CoinDesk. Crypto investment firm Dragonfly had around $3 billion in assets under management as of April when it raised $650 million for its third fund. Other investors in the round included Franklin Templeton, Abra, GSR Ventures, Orange DAO, Fellows Fund, GreatPoint Ventures, August Capital and a number of angel investors.
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