Entities

Dragonfly Capital

Founding Date
2018

Dragonfly Capital is a leading global crypto-centered investment firm that focuses on investments in the blockchain and cryptocurrency space. Founded in 2018, Dragonfly brings access and influence to help crypto teams with global aspirations find innovation and adoption anywhere. The firm partners with crypto founders in all stages of development—from seed to Series D, to liquid tokens. The firm is known for their deep expertise in the crypto space and has built a strong reputation for supporting innovative projects in this industry.

ABOUT DRAGONFLY CAPITAL

  • Dragonfly is a cross-border cryptocurrency venture fund that brings together the leading participants in the decentralized economy.

  • Their global ecosystem enables them to invest in and support the most promising opportunities in the crypto asset class.

  • The firm was an early-stage investor in Compound, MakerDAO, Avalanche, 1inch, Amber, Matrixport, Anchorage, BitGo, and Coinbase, amongst other portfolio companies.

  • First launched in 2018 with a $100 million fund, Dragonfly launched a second $250 million fund and continues to grow.  In 2022, they closed their third venture fund for $650 million.


AREAS OF EXPERTISE

  • Cryptocurrencies. 

Dragonfly Capital invests in various cryptocurrencies, including established ones like Bitcoin and Ethereum as well as emerging tokens and projects. 

DeFi is a major focus for Dragonfly Capital. They invest in platforms and technologies that aim to recreate traditional financial systems using blockchain technology.

They support projects that build foundational infrastructure for the blockchain ecosystem. This includes technologies related to scalability, interoperability, and security of blockchain networks.

  • Web3 and Decentralized Applications. 

Dragonfly Capital is involved in the Web3 movement, which seeks to create a more decentralized and user-controlled internet.

  • NFTs and Digital Collectibles. 

Non-fungible tokens (NFTs) and digital collectibles are another area of interest. These digital assets are unique and often represent ownership of digital or physical items.

  • Regulatory and Compliance. 

Dragonfly Capital keeps a close eye on regulatory changes and compliance issues that could impact their investments.