/Investor DB

Dragonfly — 2025 Investments

9 investments dated 2025 · listed companies and verified rows first · show all

Codexcodex.xyzin𝕏Apr 2025 · $15.8M✓ verified

Codex provides institutional fiat-to-stablecoin and stablecoin-to-fiat conversion, letting businesses swap currencies like USD, EUR, and GBP into USDC and USDT through a single counterparty with wholesale FX rates and local settlement.

Crypto & Web3Fintech

Haonan Li(Founder)Momo Ong(Founder)Victor Yaw(Founder)

Co-investorsCoinbase VenturesWintermuteCircle VenturesMirana VenturesReverieCircle & Co.+3 more

3Jane3jane.xyz𝕏Jun 2025

3Jane provides credit infrastructure and capital solutions for fintech lenders and cryptocurrency-native businesses, offering warehouse lines, forward-flow programs, and credit facilities ranging from $5M to $200M.

Crypto & Web3Fintech

Co-investorsBreedParadigmWintermuteBalaji SrinivasanEniac VenturesFounders' Co-op+6 more

Conduitconduitpay.comin𝕏May 2025

Conduit provides payment infrastructure for fast, cross-border global transactions.

Developer ToolsEnterprise SoftwareFintechSaaS

Matt Zisow(Founder)Kirill Gertman(Founder)in

Co-investorsCommerce VenturesCore Venture CapitalDiagramDiscovery Ventures III Gmb H & Co. KGGaingelsGradient Ventures+17 more

Ethena Labsethena.fiin𝕏Feb 2025 · $100M

Ethena operates a crypto protocol offering USDe, a digital dollar, and sUSDe, a reward-accruing asset backed by collateralized assets with third-party attestations.

Crypto & Web3Fintech

Jeremy Huff(Partner & Co-founder)Guy Young(Founder)in

Co-investorsAlphaLab CapitalArkStream CapitalAtaraxia CapitalBascom VenturesBitDAOBreed+25 more

Perplperpl.xyz𝕏May 2025 · $9.3M

Perpl is a fully on-chain decentralized exchange for perpetual futures trading, offering leveraged Bitcoin trading via a central limit order book (CLOB) built on the Monad blockchain.

Crypto & Web3Fintech

Co-investorsMetastableBreedBreed VCHashkey CapitalL1 DigitalMirana Ventures

Polymarket Consumer Growthpolymarket.comin𝕏Jan 2025

Polymarket is a prediction market platform where users trade contracts based on the outcomes of future events across politics, sports, economics, and other categories.

Crypto & Web3FintechMarketplaces

Shayne Coplan(Founder)in

Co-investors1confirmationA.Capital VenturesAbstract VenturesAccess Ventures (New York)Advaita CapitalAnti+38 more

VanEck Venturesvaneck.cominApr 2025

VanEck is an asset management firm offering ETFs and UCITS funds across major asset classes and specialized investment areas, including gold and other assets.

Fintech

Co-investorsCultur3 CapitalMirana VenturesAndreessen HorowitzCoinbase Ventures

ZARzar.appin𝕏Oct 2025

ZAR is a financial app that lets people in countries with volatile local currencies send, hold, and spend US dollars.

Crypto & Web3Fintech

Brandon Timinsky(Founder)in

Co-investorsMirana VenturesPharsalus CapitalAndreessen HorowitzCoinbase VenturesEndeavor Catalyst

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Inversion Labs

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.