Mapping out Dragonfly Capital's portfolio

Dragonfly Capital Partners is a crypto-asset investment firm based out of San Francisco and Beijing. The fund was founded in 2018 by Bo Feng, an established venture capitalist with over 20 years of experience in addition to founding Ceyuan Ventures, and Alexander Pack, a crypto venture capitalist who managed crypto investments and funding at Bain Capital Ventures.

The firm raised $100 million for its inaugural fund, which was geared toward investing in crypto-related startups, and has since launched Dragonfly Fund II, a $225 million fund to invest in other DeFi projects.