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Dragonfly Capital
Oakland, United States
Dragonfly Capital is a cross‑border crypto venture fund that backs researchers and builders across the crypto ecosystem. It invests in protocols, infrastructure, DeFi, CeFi, NFTs, L1/L2 solutions and other web3 technolog...
Portfolio
110+
Employees
100+
Founded
N/A
AUM
≈ $4.1B
Investment focus
Stages
Stage agnostic
Industries
Blockchain & CryptocurrencyFinancial Technology
Geographic scope
Global
Fund details
Funds
Dragonfly Ventures III
Vintage 2022 • $650.0M
Sources
Dragonfly Capital
Dragonfly Capital is a cross‑border crypto venture fund that backs researchers and builders across the crypto ecosystem. It invests in protocols, infrastructure, DeFi, CeFi, NFTs, L1/L2 solutions and other web3 technologies, aiming to support teams with global aspirations and drive adoption.
Portfolio
110+
Employees
100+
Founded
N/A
AUM
≈ $4.1B
Funds
Dragonfly Ventures III · Vintage 2022 • $650.0M
Stages
Stage agnostic
Industries
Blockchain & CryptocurrencyFinancial Technology
Geographic scope
Global
Sources
Showing 24 of 73 matched portfolio companies
Aevo is a decentralized trading platform that combines off-chain matching with on-chain settlement, enabling users to trade options, perpetual futures, and other products through a single margin account. The platform addresses the need for high-performance trading with low latency and enhanced security, processing over $10 billion in options trading volume since its inception.
Provides a fully collateralized, freely tradable stablecoin, AUSD, pegged to the US dollar, enabling individuals and businesses worldwide to access a secure and scalable digital currency. AUSD serves as a low-cost gateway to the global economy, supporting decentralized applications, exchanges, and fintech platforms while promoting financial inclusion and cross-border transactions.
Funding: $12.0M
Rough estimate of the amount of funding raised
Funding: $12.0M
Rough estimate of the amount of funding raised
Andrena offers residential high‑speed internet service with plans up to 1 Gbps, priced from $30 per month. Customers can activate service in under three minutes without a technician visit, and the company bills users on a monthly subscription basis. The model focuses on delivering affordable, secure broadband to multi‑device households and small businesses, emphasizing low cost, fast deployment, and reliable connectivity.
40+
3K+Approximate amount of employees
Funding: $44.3M
Rough estimate of the amount of funding raised
Funding: $44.3M
Rough estimate of the amount of funding raised
Aptos provides a unified developer portal that aggregates documentation, tutorials, and tooling for building Move‑based decentralized applications. It offers multi‑language SDKs, a CLI, wallet‑adapter framework, and an indexer API that simplify contract compilation, transaction simulation, and real‑time on‑chain data access, while supporting advanced features such as account abstraction, keyless authentication, and sponsored transactions.
Aurora is a blockchain ecosystem that combines Ethereum compatibility with NEAR Protocol's scalability, enabling fast transaction finality of approximately two seconds at a low cost of around $0.02 per transaction. It provides Web2 businesses with a streamlined path to Web3, facilitating affordable and efficient blockchain integration.
Funding: $12.0M
Rough estimate of the amount of funding raised
Funding: $12.0M
Rough estimate of the amount of funding raised
Avalanche is a smart contracts platform that utilizes a novel probabilistic consensus protocol to achieve rapid transaction finality and low deployment costs. This technology enables users to efficiently create, trade, and discover a wide range of digital assets while minimizing the environmental impact associated with blockchain operations.
Funding: $356.0M
Rough estimate of the amount of funding raised
Funding: $356.0M
Rough estimate of the amount of funding raised
Avalanche offers a decentralized contracts platform built on a scalable blockchain architecture that enables near-instant transaction finality and supports the rapid deployment of decentralized applications. This technology addresses the inefficiencies of traditional financial systems by providing a high-speed, low-latency environment for executing complex financial transactions.
Funding: $250.0M
Rough estimate of the amount of funding raised
Funding: $250.0M
Rough estimate of the amount of funding raised
Bitget is a cryptocurrency derivatives exchange that offers spot and futures trading, along with a copy trading feature that allows users to replicate the strategies of successful traders. The platform addresses the need for secure and efficient trading solutions by implementing a robust protection fund and maintaining a 1:1 reserve ratio for customer assets.
Funding: $30.0M
Rough estimate of the amount of funding raised
Funding: $30.0M
Rough estimate of the amount of funding raised
Blowfish provides a security engine that integrates with web3 wallets to identify and prevent fraud by aggregating risk signals from over ten sources. The platform has successfully scanned 1.3 billion transactions and protected over $10 billion in assets, ensuring a safer user experience in the cryptocurrency space.
Branch provides a linking infrastructure that enables companies to create, manage, and measure deep links across mobile apps and websites, enhancing user engagement and conversion rates. By streamlining attribution and optimizing marketing spend, Branch helps over 100,000 brands improve their mobile growth and customer experience.
250+
50K+Approximate amount of employees
Funding: $300.0M
Rough estimate of the amount of funding raised
Funding: $300.0M
Rough estimate of the amount of funding raised
Caldera provides a Rollup Engine allowing applications to deploy customizable, scalable blockchains that settle on Ethereum. The platform utilizes Metalayer to connect these purpose-built chains, enabling shared liquidity and seamless cross-chain interactions across the ecosystem. This infrastructure supports high-throughput use cases in gaming, AI, and DeFi by abstracting away blockchain complexity.
Funding: $24.0M
Rough estimate of the amount of funding raised
Funding: $24.0M
Rough estimate of the amount of funding raised
Cega offers structured DeFi investment products that bundle multiple lending, staking, and liquidity‑provision strategies into a single, risk‑managed portfolio. By allocating capital across vetted protocols and enforcing automated exposure limits, the platform aims to provide more stable yields while offering on‑chain transparency and real‑time performance reporting for crypto‑savvy retail and institutional investors.
15+
1K+Approximate amount of employees
Funding: $5.0M
Rough estimate of the amount of funding raised
Funding: $5.0M
Rough estimate of the amount of funding raised
Celo is a mobile-first blockchain platform that enables decentralized payments and financial applications, allowing users to transact with multiple currencies at low gas fees. By providing an ultralight client and a composable ecosystem, Celo facilitates access to financial tools for the 6.6 billion smartphone users worldwide, promoting economic inclusion.
Funding: $57.2M
Rough estimate of the amount of funding raised
Funding: $57.2M
Rough estimate of the amount of funding raised
Codex leverages Ethereum's latest research to create a decentralized platform that enhances the scalability and interoperability of blockchain applications. This approach addresses the limitations of existing blockchain networks, enabling more efficient transactions and broader adoption of decentralized technologies.
Funding: $15.8M
Rough estimate of the amount of funding raised
Funding: $15.8M
Rough estimate of the amount of funding raised
Coin Metrics provides a unified data platform that aggregates and standardizes petabytes of blockchain data into consistent on‑chain metrics, searchable raw transaction data, and independent crypto indexes. Through a high‑performance API, developer tools, and an interactive Studio, institutional investors and analysts can quickly access reliable data for research, risk management, and product development with transparent, usage‑based pricing.
Funding: $6.7M
Rough estimate of the amount of funding raised
Funding: $6.7M
Rough estimate of the amount of funding raised
Commonwealth Labs is developing a governance framework for decentralized token airdrops that incorporates community-driven criteria to ensure fairness and transparency. This approach addresses the lack of trust and engagement in traditional airdrop methods by empowering users to co-create and finalize the distribution process.
Funding: $20.0M
Rough estimate of the amount of funding raised
Funding: $20.0M
Rough estimate of the amount of funding raised
This startup is developing a decentralized exchange using the Cosmos SDK and IBC protocol, enabling businesses to build scalable blockchain applications with low transaction fees and high security. By providing a customizable appchain architecture, it addresses the need for efficient and cost-effective solutions in the fragmented blockchain ecosystem.
The startup has developed a data aggregation platform that provides transparency for NFT collectibles across multiple blockchains, enabling users to efficiently buy, sell, and organize their digital assets. By allowing brands to advertise NFT releases, the platform enhances visibility and drives user engagement in the growing NFT market.
Funding: $16.0M
Rough estimate of the amount of funding raised
Funding: $16.0M
Rough estimate of the amount of funding raised
DeBank offers a cryptocurrency wallet that enables users to track and analyze decentralized finance portfolios, including whale asset tracking and transaction history analysis. The platform enhances user engagement in the Web3 ecosystem through features like community interaction, credit verification, and achievement badges.
DerivaDEX is a decentralized derivatives exchange that combines real-time price feeds and fast trade resolution with user governance through its native DDX token. It addresses the trade-off between performance and user control found in traditional centralized and decentralized exchanges, providing a secure trading environment with competitive fees.
Funding: $2.7M
Rough estimate of the amount of funding raised
Funding: $2.7M
Rough estimate of the amount of funding raised
DoubleZero operates a global network of dedicated fiber links that provide blockchain validators, RPC nodes, and protocol developers with deterministic low‑latency connectivity, avoiding public‑internet congestion. Its IBRL client creates secure tunnels, automatically selects the shortest geographic route, and falls back to the public internet when a private link is unavailable, while an on‑chain control plane records performance metrics and supports multicast data distribution.
20+
1K+Approximate amount of employees
Funding: $28.0M
Rough estimate of the amount of funding raised
Funding: $28.0M
Rough estimate of the amount of funding raised
dYdX is a decentralized exchange built on Ethereum that facilitates perpetual, margin, and spot trading while allowing users to maintain custody of their funds. The platform addresses the need for low-fee trading with deep liquidity and up to 100× leverage, enabling traders to execute complex strategies without the risk of centralized control.
Funding: $87.0M
Rough estimate of the amount of funding raised
Funding: $87.0M
Rough estimate of the amount of funding raised
Ethlas provides a blockchain-based ecosystem that includes Gambit, a platform for trading fractionalized ownership of esports players, and Failsafe, a composable security solution for blockchain enterprises. This dual offering addresses the lack of fan engagement in esports and the need for robust security protocols in blockchain applications.
Funding: $6.0M
Rough estimate of the amount of funding raised
Funding: $6.0M
Rough estimate of the amount of funding raised
Flashbots is a research and development organization that provides tools for transparent and efficient Maximal Extractable Value (MEV) extraction on Ethereum, including the Flashbots Protect service for transaction protection and the MEV-Boost relay for competitive block sourcing. The company addresses the centralization risks and negative externalities of MEV by democratizing access to MEV revenue and ensuring fair transaction execution for users.
Funding: $60.0M
Rough estimate of the amount of funding raised
Funding: $60.0M
Rough estimate of the amount of funding raised
Showing 12 of 37 unmatched portfolio companies