Dragonfly Capital Partners

Dragonfly Capital Dragonfly Capital is one of the leading crypto VCs with approximately $3B in AUM. Fund III closed at $650M in April 2022, and Fund IV is being raised targeting $500M with a first close at $250M as of September 2024. The fund focuses on early-stage crypto investments with deep crypto-native expertise, spanning DeFi, infrastructure, and protocol investments across the US and Asia. Founded by former bankers who brought institutional rigor to crypto investing early, Dragonfly's cro