Hu joined Dragonfly Capital, a crypto-focused funding banking agency, in 2019 as a normal associate and head of liquid technique. He beforehand spent three years as an affiliate at BlackRock with the Different Funding Group. In April, Dragonfly closed its third fund, with $650 million in dedicated capital to put money into blockchain and crypto corporations creating “new digital economies.” The identical month, Brevan Howard participated within the $70 million funding spherical for Bitcoin protocol Lightning Labs.
