DRAGONFLY DIGITAL MANAGEMENT, LLC
DRAGONFLY DIGITAL MANAGEMENT, LLC is a Pre-seed, Seed, Series A, Series B and Series C+ fund in the US and Asia writing $1M–$75M checks into AI, Enterprise, Healthcare, defi, stablecoins, prediction-markets, on-chain-payments, tokenized-real-world-assets, blockchain-infrastructure, crypto-gaming, nfts, daos and web3.
- Stages
- Pre-seed, Seed, Series A, Series B, Series C+
- Sectors
- AI, Enterprise, Healthcare, defi, stablecoins, prediction-markets, on-chain-payments, tokenized-real-world-assets, blockchain-infrastructure, crypto-gaming, nfts, daos, web3
- Check size
- $1M–$75M
- Invests in
- US-wide, Asia
- Actively investing
- Yes
- Founded
- 2018
- Assets under management
- $4.14B
Thesis
Dragonfly Digital Management, established in July 2018, focuses on cryptocurrency and blockchain technology, aiming to bridge the crypto markets of the United States and Asia. The firm invests internationally across a wide range of crypto-related sectors and stages, including decentralized finance (DeFi) protocols, blockchain infrastructure, crypto gaming, NFTs, decentralized autonomous organizations (DAOs), and other Web3 technologies. Dragonfly backs both early-stage startups and later-stage funding rounds. Fund IV is focused on early-stage investments in DeFi, stablecoins, prediction markets, on-chain payments, and tokenized real-world assets. As of December 31, 2024, Dragonfly manages approximately $4.14 billion in regulatory assets under management.
Common questions
Does DRAGONFLY DIGITAL MANAGEMENT, LLC invest at the Pre-seed stage?
Yes. DRAGONFLY DIGITAL MANAGEMENT, LLC lists Pre-seed, Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does DRAGONFLY DIGITAL MANAGEMENT, LLC write?
DRAGONFLY DIGITAL MANAGEMENT, LLC writes $1M–$75M checks.
Where does DRAGONFLY DIGITAL MANAGEMENT, LLC invest?
DRAGONFLY DIGITAL MANAGEMENT, LLC invests in the US and Asia.