Dragonfly — 2022 Investments

Blowfish provides fraud detection and prevention APIs for Web3 wallets, identifying and blocking malicious transactions and decentralized applications across 10+ blockchain networks.

Crypto & Web3Cybersecurity

Co-investorsPAParadigm0X0x LabsCACaffeinated CapitalGVGV (Google Ventures)HYHypersphere VenturesUNUniswap Labs Ventures

Questbook operates a platform that connects builders and grant applicants with grant managers, recommending applicant profiles and delivering relevant grant opportunities.

Crypto & Web3Developer ToolsMarketplacesSaaS

SKSriharsha Karamchati(Founder)inM(Madhavan (Maddy) Malolan(Founder)in

Co-investorsCOCoinbase VenturesHAHashedLELemniscapMIMirana VenturesALAll In CapitalBEBetter Capital+9 more

Afriex provides a remittance service enabling immigrants to transfer money to over 25 countries at low costs with rapid settlement.

FintechSan Francisco, US

TATope Alabi(Founder)inJOJohn Obirije(Founder)inEugene Baah(Head of Product)

Co-investorsADAdaverseBRBrightstone Venture CapitalFOFoundersFUFuture AfricaGAGaingelsMEMetastable+10 more

Ancient8 is a gaming-focused Ethereum Layer 2 blockchain designed for Web3 gaming, hosting fully on-chain games, games on X and Telegram, IP-infused games, and AI-powered games.

Crypto & Web3Gaming

Howard Xu(Founder)Trung Nguyen(Founder & CEO)Thuat Nguyen(Founder)William Phan(Founder)

Co-investorsANAnimoca BrandsCOCoinbase VenturesEXExtra WattsIMImpossible FinanceIOIOSG VenturesK3K300 Ventures+25 more

A layer 1 blockchain engineered to evolve.

Avery Ching(Founder)MSMo Shaikh(Founder)in

Co-investorsBOBorderless VentureMEMEXC VenturesPIPillar VCVAVariant FundANAndreessen HorowitzBIBixin Ventures+7 more

Aurigami is a decentralized lending and borrowing protocol where users deposit crypto assets such as USDC, USDT, ETH, WNEAR, WBTC, and STNEAR to earn yield and access liquidity.

Crypto & Web3Fintech

Lucas Huang(Founder)

Co-investorsCOCoinbase VenturesIMImpossible FinanceALAlameda ResearchALAlex ShevchenkoALAlex SvanevikAMAmber Group+13 more

Cega was a DeFi protocol offering exotic options and structured investment products; it was acquired and sunset at end-2024.

Co-investorsCOCoinbase VenturesPAPantera CapitalALAlameda ResearchRORobot Ventures

Crypto data platform letting users query indexed blockchain data with SQL and publish shareable dashboards.

Oslo, NO

MOMats Olsen(Founder)in

Co-investorsCOCoatue ManagementMEMetastableRERedpoint VenturesUNUnion Square Ventures (USV)WOWonder VenturesFAFabric Ventures+2 more

Entropy was an a16z-backed decentralized crypto custody and threshold-signing network that wound down in January 2026.

New York, US

JOHN PACIFIC(Executive Officer, Director)

Co-investorsA1a16z cryptoANAndreessen HorowitzCOCoinbase VenturesFIFigmentCECerulean VenturesETEthereal Ventures Management Ltd.+2 more

Galxe is a platform that unifies identity, engagement, and automation for web3 projects seeking authentic user growth and community engagement.

AI & Machine LearningCloud ComputingCrypto & Web3Marketing TechSaaSSector Agnostic

Charles Wayn(Founder)Harry Zhang(Founder)

Co-investors6T6th Man VenturesBIBitDAOCOCoinbase VenturesDRDraper DragonFEFermionIOIOSG Ventures+5 more

Goldsky is a blockchain data infrastructure platform that provides streaming and querying capabilities for crypto and fintech applications, offering real-time access to onchain data with sub-second latency and high throughput.

Crypto & Web3Data & InfrastructureDeveloper ToolsFintechSan Francisco, US

KLKevin Li(Founder)inJeff Ling(Founder)Jeffrey Ling(Founder)

Co-investorsAMAmplify PartnersFEFelicis VenturesLALattice CapitalLALattice CapitalLULux CapitalMEMetastable+3 more

The page presents ORA78, an online gaming platform that describes using blockchain-based digital protection for account security, transaction records, and activity verification.

Crypto & Web3Gaming

DCDaniel Chong(Founder)in

Co-investorsCOCoinbase VenturesOPOpenSea

Hyperspace operates a marketplace where users can browse, search, and trade non-fungible tokens.

Co-investorsNFNFXPAPantera CapitalCOCoinbase VenturesJEJerusalem Venture Partners (JVP)JUJump CapitalSHShima Capital

HyperSpace is an AI platform that provides access to over 1,000 models for interacting with chatbots and generating images, videos, text, voice, and music through a single subscription.

AI & Machine LearningConsumerSaaS

Co-investorsTRTranspose Platform ManagementCOCoinbase VenturesJUJump CapitalNFNFXPAPantera CapitalSHShima Capital

IVC is a venture capital firm that invests in blockchain and Web3 companies, with an expansion focus across the Middle East and Asia.

AI & Machine LearningCrypto & Web3Gaming

Akio Tanaka(Co-Founder & Partner)JLJT Law(Co-Founder & Partner)

Co-investorsCICircle VenturesHIHive VenturesYOYolo InvestmentsCICircle & Co.DIDigital Currency GroupKUKuCoin Labs

InfStones provides blockchain infrastructure and node management solutions for Web3 applications, enabling developers to build, scale, and maintain decentralized applications.

Cloud ComputingCrypto & Web3Data & Infrastructure

DZDr. Zhenwu Shi(Founder)SZSili Zhao(Global Director of Business)in

Co-investorsNONotable CapitalSOSoftBank Group1010T FundMEMetastableQIQiming Venture PartnersSOSoftBank Vision Fund+6 more

Earlybird is a Solana-based pre-IPO prediction markets protocol offering long/short exposure to private startups.

Santhosh Narayan(Founder)in

Co-investorsCOCoinbase VenturesDEDecasonicFIFirstCapitalMIMizMaa VenturesPRPrimitive Ventures6T6th Man Ventures+3 more

Metatheory develops games for players seeking depth and quality gameplay, and is expanding into AI-driven software tools for creators.

AI & Machine LearningCreator EconomyGamingGalveston, US

KMKevin M. Lin(Executive Officer, Director)inAdam Bao(Executive Officer)inJames Thomas Gleason(Executive Officer)DBDavid Barthwell(Founder)inJT Gleason(Founder)KLKevin Lin(Founder)in

Co-investorsANAndreessen HorowitzBIBitkraft Esports VenturesBRBreyer CapitalINInterplay Ventures Early Stage Management LlcLILifelike CapitalMEMetastable+4 more

C168 (C168.COM) is an online gambling platform offering live casino, fish shooting games, slots, cockfighting, sports betting, and lottery to bettors, primarily in the Vietnamese and broader Asian market.

Gaming

Co-investorsCRCrit VenturesEMEmooteAKAkatsukiASAscensive AssetsBIBitscale CapitalBRBreederDAO+5 more

OneKey makes self-custody hardware crypto wallets with EAL6+ secure-element chips, supporting Bitcoin, Ethereum and 30,000+ coins across 100+ chains.

Crypto & Web3CybersecurityHardware

Yishi W.(Founder)in

Co-investorsBIBinance LabsCOCoinbase VenturesBIBitDAOBIBixin CapitalBIBixin VenturesIOIOSG Ventures+7 more

Parcl provides daily real estate market signals, ownership data, and tools for analyzing how housing markets move, including a portfolio-search tool for finding single-family rental portfolios and data/resolution services for housing-related prediction markets.

Data & InfrastructureFintechPropTechNew York City, US

JLJason Lewris(Founder)in

Co-investorsARArchetypeCOCoinbase VenturesFJFJ LabsHAHack VCJAJaws VenturesLALAB Ventures+9 more

Polygon is a remote psychology practice offering online diagnostic testing for dyslexia, ADHD and other learning differences.

IoTWellness & FitnessBerkeley, US

Co-investorsDODorm RoomTETechstarsALAlameda ResearchANAnimoca BrandsDUDune VenturesELElevation Capital+8 more

Polygon provides blockchain-based cross-border treasury settlement using stablecoins, letting institutions convert between US dollars and stablecoins, move funds onchain, and pay out over bank rails like SWIFT, ACH, and RTP.

Crypto & Web3Data & InfrastructureFintechHR Tech

SNSandeep Nailwal(Founder)inAnurag Arjun(Founder)Jaynti Kanani(Founder)Mihailo Bjelic(Founder)

Co-investorsALAlpha Wave GlobalCECeras VenturesCOCoinbase VenturesDEDePIN XDIDigital Currency GroupDRDraper Associates+41 more

Quadrata provides a portable digital identity passport for Web3, issued as a soulbound token that lets users access decentralized applications while verifying compliance attributes such as KYC, AML screening, business verification, and accredited investor status.

Crypto & Web3CybersecurityData & InfrastructureFintechMarina Del Rey, US

FCFabrice Cheng(CEO, CTO & Co-Founder)inElizaveta Fridman(President)LFLisa Fridman(President & Co-Founder)inJBJeffrey Blockinger(General Counsel)in

Co-investorsAUAugust CapitalGRGreatPoint VenturesMUMulticoin CapitalTHThirdstream Partners

Co-investorsD1D1 VenturesPUPuzzle Ventures

Gaming studio building a AAA first-person extraction shooter

Mark Long(Founder)inKRKen Rosman(CEO)inKRKenneth RosmaninAaron Nonis(Founder)Colin Foran(Founder)Don Norbury(Founder)

Co-investorsBIBixin CapitalBIBixin VenturesCVCVP NoLimitIOIOSG VenturesMEMetastableNONo Limit Holdings (NLH)+15 more

Spindl provides attribution, analytics, audience-building, and advertising tools for onchain (crypto/Web3) applications, letting teams track user journeys from web clicks to onchain actions across chains.

AdTechCrypto & Web3Marketing Tech

Jon Wienner(Founder)in

Co-investorsBABankless VenturesCOCoinbase VenturesCOConsenSys MeshFJFJ LabsMUMulticoin Capital7P7percent Ventures+16 more

Tiger Global Management is a New York investment firm founded in 2001 investing in public and private technology growth companies.

CCChase Coleman(Founder)in

Co-investorsBVBVP InvestorsCOCollaborative FundMIMirana VenturesPEPeakUNUnion Grove Venture PartnersALAlameda Research+11 more

Utorg provides a crypto wallet and payment platform that enables users to access and spend cryptocurrency globally.

Crypto & Web3FintechSaaSAbu Dhabi, AE

Co-investorsMEMetastableTATA Ventures