MakerDAO’s Rune Christensen Joins VC Firm Dragonfly Capital

Posted on by American Coins & Gold

MakerDAO’s Rune Christensen Joins VC Firm Dragonfly Capital
MakerDao founder Rune Christenen has joined crypto investment firm Dragonfly Capital as a venture partner, Dragonfly announced in a post on Medium on Monday.MakerDAO was one of the first decentralized autonomous organizations (DAO) on the Ethereum blockchain. It ranks second among decentralized finance (DeFi) projects in total value locked (TVL), with $19.3 billion tied up in its smart contracts, according to data site DeFi Llama. DAI, the project’s U.S. dollar-pegged stablecoin, ranks fourth among such tokens, with an $8.5 billion market capitalization, according to CoinGecko.Dragonfly Capital launched in 2018 with $100 million under management. The firm tries to bridge investments…