Invested in Parcl during two funding rounds in 2022 alongside Coinbase Ventures and Solana Ventures, with total funding exceeding $11 million.

Invested in Variational as part of a $10 million funding round alongside Coinbase Ventures.

Nominated for "Best In VC" award by The Rollup, with winner announcement scheduled for December 30, 2025.

Deposited 6,000,000 MNT tokens (~$6.95M USD) to Bybit over a 7-day period ending December 21, 2025, and still holds 9.15M MNT tokens (~$10.76M USD) across multiple wallets.

VC funds including Dragonfly opened liquid funds and began shorting tokens over the past 4 years.

Dragonfly Capital leads $4.6M seed round for HelloTrade, a 24/7 perpetual trading app built on MegaETH that enables trading of global equities with up to 10x leverage.

US files 105-page opposition to acquittal in Roman Storm trial with DragonFly-related sealed documents pending unsealing.

Dragonfly Capital holds and maintains a position in $BGB (Bitget token) as the token bounces 23% off local lows with $444k in smart money rotation.

Listed as supporter of World Build program, a joint initiative between Worldcoin and FWB to build Mini Apps for World App's 37M+ user base, alongside 15+ other partners including Alchemy, Bain Capital Crypto, Circle, Coinbase, and Uniswap Foundation.

MegaETH, a Dragonfly-backed project, launches retail public sale October 27-30 on Coinbase-owned Echo platform at approximately $1B FDV with minimum entry of $2.65K and maximum of $186K per wallet. TGE scheduled for January 26, 2026 with 100% unlock at launch and bonus program offering doubled allocations for 30 days of mainnet activity.

Releases second part of Stablecoin Payments Report in collaboration with Castle Island VC, with stablecoin payments reaching $10.2B monthly (up 70% since February 2025).

Dragonfly led a $20M seed round investment in MegaETH, which completed a $10M community round at $220M valuation with 3,200 investors and a Fluffles NFT sale at $550M valuation with 5,000 investors.

Dragonfly actively hires for deal team in Singapore, requiring fluent Chinese and crypto experience for Asia market expansion.

Sealed court documents related to the firm await public disclosure in EDNY (Eastern District of New York) proceedings, according to legal observer tracking crypto-related indictments.

Dragonfly fund tops all crypto funds with $2.93M profit over the past 7 days.

Publishes 24/25 crypto compensation report, demonstrating thought leadership and industry research activity.

Announces latest Stablecoin Infrastructure Fund at Token2049 Singapore Day 2, with team representative presenting strategic vision alongside Aptos, Arrington Capital, and other major crypto industry players.

Leads $671 million transaction for AVAT, an Avalanche-focused Digital Asset Trust that plans to own over $1 billion worth of AVAX tokens.

Backs World Build 2 Hackathon for Worldcoin's World App ecosystem (36M+ users) alongside Bain Capital Crypto, Circle, Nascent, and other leading crypto investors.

Dragonfly backs USDai, a synthetic dollar protocol on Arbitrum that has reached $500M market cap and finances AI physical infrastructure, alongside DCG, Delphi Digital, Nascent, and other leading VCs.

Dragonfly backs TRUE HEADS, an AI-focused startup that launched on Founder Mode platform with a co-founder hired from TokenWorks.

Dragonfly leads seed funding round for Inversion Capital, a company that acquires legacy businesses and transitions them to crypto infrastructure.

Participating in institutional conference alongside Circle, Sui, and Aptos through Caladan.

Fourth venture fund actively investing with focus on stablecoins, payments, DeFi, and financialization markets; maintains separate long-only liquid fund strategy.

Investment strategy shifts toward targeting traditional Wall Street investors as crypto-native funding sources show exhaustion from excessive PIPE deals and convertibles.

SEC launches Project Crypto initiative with active participation from firm leadership, indicating potential regulatory relationship improvement following previous legal tensions.

DOJ officially confirms no planned charges against firm or principals, reversing previous statements about potential prosecution.

DOJ considers formal charges over Tornado Cash investment activities.

Legal action escalates with prosecutors targeting individual team members and project investors.

Federal agents raid GP's home as part of US v Storm investigation, marking escalation in regulatory scrutiny.

Department of Justice charges Dragonfly Capital regarding Tornado Cash investments.

Severed ties with Tornado Cash post-charges, triggering warnings from privacy tech community.

Named as party in Tornado Cash legal case, indicating potential regulatory scrutiny.

Market signals increasing speculation in treasury companies with surge in new entrants and growing frothiness.

Backs new perpetual trading platform Perpl on Monad blockchain.

Senior executive criticizes prediction market fragmentation and self-resolution mechanisms, signaling bearish outlook for the sector.

Visa initiates direct stablecoin settlement pilots on VisaNet, marking major step in traditional finance integration.

Senior Dragonfly executive warns staking economics are unsustainable and signals bearish outlook for proof of stake systems, calling current staking value propositions illusory.