Dragonfly Ventures

Bitget PTE. Ltd., based in Singapore, operates a prominent digital asset trading platform that facilitates cryptocurrency trading and asset management services. Established in 2008, Bitget offers a comprehensive range of services, including over-the-counter trading and futures contracts, enabling users to trade various cryptocurrencies such as Bitcoin and Ethereum through an online platform and mobile application. The company is recognized for its commitment to providing a secure and efficient trading environment, attracting significant investments since its inception. Furthermore, Bitget is involved in the cryptocurrency and Web3 sectors through its venture capital fund, which focuses on supporting innovative projects primarily in Asia. Overall, Bitget is positioned as a leading player in the digital finance space, catering to a global user base with diverse trading needs.

Monad is a proof-of-stake blockchain and decentralized computation platform that focuses on high performance and portability. It features a scalar architecture with pipelined execution, which allows for efficient transaction throughput. This innovative design enables developers to create complex decentralized applications (dApps) capable of processing a large volume of transactions quickly. By combining advanced technology with a user-friendly framework, Monad aims to enhance the overall functionality and scalability of decentralized applications in the blockchain ecosystem.

Harpie is a non-custodial and wallet-adjacent solution to cryptocurrency wallet security. Sign up in just a few clicks with only an email.

Aptos is a web3 startup founded in 2021 and based in Palo Alto, California, focused on creating a scalable Layer 1 blockchain. This blockchain network aims to provide developers with a reliable and universal infrastructure for building decentralized applications. By utilizing a safe programming language, Aptos facilitates the design of scalable and future-proof applications, ensuring that developers can access decentralized assets effectively. The team at Aptos comprises skilled engineers, researchers, strategists, designers, and constructors, all working together to advance the capabilities of blockchain technology.

Quadrata is a technology company founded in 2021 by Lisa Fridman and Fabrice Cheng, based in Marina Del Rey, California. It operates a web3-based passport network that integrates identity and compliance into decentralized finance (DeFi) across public blockchains. The company's platform facilitates a permissionless DeFi ecosystem by allowing users to verify their KYC/AML status, country of residence, credit reputation, and accredited investor status. This innovative approach enhances access to financial services while ensuring compliance with regulatory requirements, thereby promoting a more secure and inclusive financial environment.

Skolem Labs operates a data and trade execution platform tailored for decentralized financial markets. The company focuses on enabling institutions to engage directly in decentralized finance (DeFi) without the need for significant increases in technical expertise or portfolio risk. By providing a centralized hub for trading, borrowing, and lending, Skolem Labs facilitates additional yield generation for institutional players. Their systems offer comprehensive support for the entire trade lifecycle, making it easier for institutions to navigate the complexities of DeFi markets.

Provider of crypto custody services intended to keep private keys secure and make assets available on demand. The company's services specialize in creating a decentralized network leveraging advanced threshold cryptography and multi-party computation, enabling crypto owners to securely store and use their crypto on any blockchain.

Babel Bank is a prominent financial institution operating in the blockchain sector, with its headquarters in Iraq. The company specializes in providing a range of cryptocurrency financial services tailored for high-net-worth individuals and institutional clients globally. These services include cryptocurrency deposits, credit facilities, structured asset management, prime brokerage, and derivatives strategies. Babel Bank has extended its reach across the Asian market, with branches in major cities such as Singapore, Beijing, and Seoul. It has forged strong partnerships with leading institutions, including exchanges, custodians, investment funds, and mining organizations worldwide. The core team at Babel Bank comprises professionals with backgrounds in top-tier financial institutions and technology companies, bringing significant expertise to the cryptocurrency space. The firm has garnered support from distinguished venture capital funds and completed a Pre-A round of financing in March 2020, further solidifying its position in the industry.

Parcl is a digital real estate protocol built on the blockchain. The company's headquarters are in New York City.

Blast Royale is a blockchain-based play-to-earn platform that allows players to earn Craft Spice while playing matches. The game uses two tokens, the primary token Blast (BLST) and Craft Spice (CS), the in-game P2E token of the Blast Royale Metaverse. BLST is used for trading NFTs on the Blast Royale marketplace and crafting new NFTs, whereas CS has numerous utility uses, including crafting and repairing equipment. Players earn CS by taking part in Blast Royale matches.

bloXroute Labs, Inc. offers a blockchain scalability solution that enhances the capacity of cryptocurrencies and blockchains to process thousands of transactions per second without requiring protocol modifications. This solution operates beneath the consensus layer, allowing all nodes to maintain consensus over the blockchain state, regardless of transaction volume. The company's platform leverages a global network of servers optimized for performance through advanced techniques such as compression and encryption. By efficiently propagating transactions and blocks, bloXroute enables increased transaction throughput for various blockchains, making it a versatile and neutral solution for any node. Founded in 2018, bloXroute is based in Evanston, Illinois.

Developer of a decentralized interoperability software designed to connect blockchain ecosystems and applications with users. The company's software is powered by byzantine consensus, cryptography, and mechanism design protocols that let applications live on different blockchains to communicate with each other, enabling users to get a distributed network, APIs, and tools to make it easy to build cross-chain decentralized applications.

Dune Analytics AS is a data analytics platform focused on blockchain research, particularly for the Ethereum network. Founded in 2018 and based in Oslo, Norway, the company offers tools that enable users to query, extract, and visualize extensive data from the Ethereum blockchain. Its community-driven approach allows users to collaborate and share insights, making it a valuable resource for researchers, developers, and analysts in the blockchain space.

NEAR Inc. is a company that develops the NEAR Protocol, a scalable blockchain platform designed for creating decentralized applications. Founded in 2017 and headquartered in San Francisco, California, NEAR Protocol supports the development of open-source software and aims to facilitate mainstream adoption of decentralized technologies. The platform offers various services, including documentation, a wallet, a development studio, and an explorer, all built to enhance user experience and development efficiency. It is engineered to handle high-value assets securely while providing the necessary scalability for a wide range of decentralized applications. NEAR's focus on ease of use for both developers and end users distinguishes it in the evolving landscape of blockchain technology.

NEAR Inc. is a company that develops the NEAR Protocol, a scalable blockchain platform designed for creating decentralized applications. Founded in 2017 and headquartered in San Francisco, California, NEAR Protocol supports the development of open-source software and aims to facilitate mainstream adoption of decentralized technologies. The platform offers various services, including documentation, a wallet, a development studio, and an explorer, all built to enhance user experience and development efficiency. It is engineered to handle high-value assets securely while providing the necessary scalability for a wide range of decentralized applications. NEAR's focus on ease of use for both developers and end users distinguishes it in the evolving landscape of blockchain technology.

Provider of crypto custody services intended to keep private keys secure and make assets available on demand. The company's services specialize in creating a decentralized network leveraging advanced threshold cryptography and multi-party computation, enabling crypto owners to securely store and use their crypto on any blockchain.

Infinity Stones is a Silicon Valley-based company that provides cloud management services and security solutions for blockchains. They are blockchain infrastructure architects with proven track records in the industry. Their team is composed of tech leads, management experts, and financial professionals from tech giants like Google, Oracle, and Intel. Infinity Stones is currently hosting nodes for high net worth individuals, institutional investors, foundations, and universities and research institutions. They make sure every investment with us is secure, and investors can expect returns with consistency. It was founded in 2018 and is headquartered in Palo Alto, California.

Parcl is a digital real estate protocol built on the blockchain. The company's headquarters are in New York City.

ConsenSys is a leading blockchain venture production studio focused on building a robust ecosystem of consumer-oriented products and enterprise solutions, primarily utilizing Ethereum technology. The company aims to facilitate the transition to Web 3.0, which it envisions as a foundation for more open, efficient, and accessible economic systems. ConsenSys identifies opportunities for software development and promotes collaboration among various ventures to enhance innovation and idea exchange. By creating platforms, applications, and tools that support Web 3.0, ConsenSys strives to ensure these solutions effectively meet customer needs. The organization also collaborates with blockchain experts and partners to develop open infrastructure, positioning itself at the forefront of technological advancements that have the potential to disrupt various industries.

Taker Protocol is a cryptocurrency liquidity protocol for NFTs.

Ava Labs specializes in providing a platform for launching finance applications through blockchain technology. The company focuses on highly scalable and efficient networks, offering customizable public and private blockchains and enabling the creation of various digital assets. Its innovative approach includes a novel probabilistic consensus protocol that enhances transaction speed and reduces deployment costs. This technology simplifies the creation, trading, and discovery of both existing and new asset types. Ava Labs aims to empower individuals to participate in an open and accessible digital finance landscape.

SZNS is the NFT fragmentation service platform.

Hedgehog is a developer of a cryptocurrency trading platform that caters to both institutional and everyday investors. It offers an all-in-one solution for managing cryptocurrency investments, featuring tools for research, portfolio tracking, and trade management. The platform enables users to track their coins and holdings, implement diversification strategies, and exchange cryptocurrencies at real-time prices. By providing these comprehensive tools, Hedgehog aims to empower investors to take control of their cryptocurrency portfolios effectively.

Dune Analytics AS is a data analytics platform focused on blockchain research, particularly for the Ethereum network. Founded in 2018 and based in Oslo, Norway, the company offers tools that enable users to query, extract, and visualize extensive data from the Ethereum blockchain. Its community-driven approach allows users to collaborate and share insights, making it a valuable resource for researchers, developers, and analysts in the blockchain space.

Developer of a decentralized interoperability software designed to connect blockchain ecosystems and applications with users. The company's software is powered by byzantine consensus, cryptography, and mechanism design protocols that let applications live on different blockchains to communicate with each other, enabling users to get a distributed network, APIs, and tools to make it easy to build cross-chain decentralized applications.

Skolem Labs operates a data and trade execution platform tailored for decentralized financial markets. The company focuses on enabling institutions to engage directly in decentralized finance (DeFi) without the need for significant increases in technical expertise or portfolio risk. By providing a centralized hub for trading, borrowing, and lending, Skolem Labs facilitates additional yield generation for institutional players. Their systems offer comprehensive support for the entire trade lifecycle, making it easier for institutions to navigate the complexities of DeFi markets.

ARCx is a scoring protocol that issues DeFi Passports aimed at enhancing credit scores within decentralized finance. The company has developed analytics technology that integrates website data with on-chain data. This platform provides analysis tools designed to give clients insights into user behavior throughout their journey. By leveraging this comprehensive understanding, ARCx enables clients to improve conversion rates, boost user retention, and enhance overall engagement.

Babel Bank is a prominent financial institution operating in the blockchain sector, with its headquarters in Iraq. The company specializes in providing a range of cryptocurrency financial services tailored for high-net-worth individuals and institutional clients globally. These services include cryptocurrency deposits, credit facilities, structured asset management, prime brokerage, and derivatives strategies. Babel Bank has extended its reach across the Asian market, with branches in major cities such as Singapore, Beijing, and Seoul. It has forged strong partnerships with leading institutions, including exchanges, custodians, investment funds, and mining organizations worldwide. The core team at Babel Bank comprises professionals with backgrounds in top-tier financial institutions and technology companies, bringing significant expertise to the cryptocurrency space. The firm has garnered support from distinguished venture capital funds and completed a Pre-A round of financing in March 2020, further solidifying its position in the industry.

Operator of a social networking application designed to create, claim, and showcase digital collectibles. The company's platform facilitates creators to upload and showcase their NFTs, and digital and crypto arts using an account, enabling creators to monetize their art.

Operator of a layered protocol intended to build and operate emerging generations of CeFi-Defi hybrid exchanges. The company's protocol will combine centralized order-matching and trade execution with decentralized trustless custody and post-trade settlement, enabling users to get non-custodial trading options.

BENQi is a liquidity protocol built on the Avalanche platform, designed to facilitate the seamless lending, borrowing, and earning of interest with digital assets. By integrating elements of decentralized finance (DeFi) and traditional finance (TradFi), BENQi aims to enhance accessibility to financial products. Its infrastructure focuses on scalability, decentralization, and user-friendliness, offering low fees and permissionless access to a shared liquidity market. Additionally, BENQi seeks to bridge various blockchain ecosystems, including Ethereum, Polkadot, and Binance Smart Chain, through the use of Avalanche's subnets, positioning itself as a cross-chain DeFi solution. This approach enables traders to quickly supply and withdraw liquidity, democratizing access to financial services.

Anchor Protocol is a savings platform that provides crypto natives, fintech companies, and investors a stable, high interest rate finance. The company was founded in 2020 and is headquartered in Seoul, South Korea.

Operator of a social networking application designed to create, claim, and showcase digital collectibles. The company's platform facilitates creators to upload and showcase their NFTs, and digital and crypto arts using an account, enabling creators to monetize their art.

NEAR Inc. is a company that develops the NEAR Protocol, a scalable blockchain platform designed for creating decentralized applications. Founded in 2017 and headquartered in San Francisco, California, NEAR Protocol supports the development of open-source software and aims to facilitate mainstream adoption of decentralized technologies. The platform offers various services, including documentation, a wallet, a development studio, and an explorer, all built to enhance user experience and development efficiency. It is engineered to handle high-value assets securely while providing the necessary scalability for a wide range of decentralized applications. NEAR's focus on ease of use for both developers and end users distinguishes it in the evolving landscape of blockchain technology.

SynFutures operates a decentralized derivatives platform that facilitates the trading of synthetic assets, allowing users to create and trade various digital asset pairs using a single digital token as margin. The platform aims to establish an open and trustless derivatives market by enabling trading on any asset with a price feed. By promoting a free market environment and increasing the diversity of tradable assets, SynFutures seeks to lower the barriers to entry in the derivatives market, thereby fostering a more equitable exchange for digital assets.

Stablehouse Ltd operates a stablecoin platform that facilitates payments, foreign exchange (FX) exchange, trading, and liquidity services for individuals and institutions. Founded in 2018 and based in Hamilton, Bermuda, the company provides various offerings, including passive earning opportunities, merchant payment solutions, and a payment wallet. Additionally, Stablehouse focuses on active testing and custom solutions to meet the diverse needs of its users.

CoFiX is a decentralized exchange (DEX) based in Singapore that aims to address pricing issues within the decentralized finance (DeFi) ecosystem. The platform features a computable trading system that includes an oracle module, a market-making module, and a trading module. This infrastructure is designed to incentivize market makers while allowing traders to benefit from minimal price spreads and reduced price impact. CoFiX's decentralized price oracle provides a comprehensive set of financial parameters, enabling users to verify prices and access arbitrage-free price feeds. The overall goal of CoFiX is to facilitate more accurate and cost-effective trading in the cryptocurrency market.

Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.

Nebulous, Inc. is a company focused on developing blockchain hardware and software for the decentralized internet. Founded in 2014 and based in Boston, Massachusetts, it operates Sia, a decentralized cloud storage platform that creates a marketplace for data storage by connecting users in need of file storage with hosts offering underutilized hard drive capacity. Utilizing blockchain technology, Sia enhances security and cost-effectiveness, enabling transactions through smart contracts without the need for intermediaries. In addition to Sia, Nebulous offers Skynet, a decentralized content delivery network and file-sharing platform designed for developers, and SiaStream, which provides affordable storage solutions for media files, facilitating quick streaming. Through these initiatives, Nebulous aims to deliver a robust and economical alternative to traditional cloud storage providers.

Developer of a community-governed derivatives exchange intended to unite performance and autonomy. The company develops an ethereum-based exchange that uses a liquidity-mining token model along with open order book and on-chain settlements for the trades, enabling traders to participate in the governance and operations of the exchange.

Ava Labs specializes in providing a platform for launching finance applications through blockchain technology. The company focuses on highly scalable and efficient networks, offering customizable public and private blockchains and enabling the creation of various digital assets. Its innovative approach includes a novel probabilistic consensus protocol that enhances transaction speed and reduces deployment costs. This technology simplifies the creation, trading, and discovery of both existing and new asset types. Ava Labs aims to empower individuals to participate in an open and accessible digital finance landscape.

Ava Labs specializes in providing a platform for launching finance applications through blockchain technology. The company focuses on highly scalable and efficient networks, offering customizable public and private blockchains and enabling the creation of various digital assets. Its innovative approach includes a novel probabilistic consensus protocol that enhances transaction speed and reduces deployment costs. This technology simplifies the creation, trading, and discovery of both existing and new asset types. Ava Labs aims to empower individuals to participate in an open and accessible digital finance landscape.

Babel Bank is a prominent financial institution operating in the blockchain sector, with its headquarters in Iraq. The company specializes in providing a range of cryptocurrency financial services tailored for high-net-worth individuals and institutional clients globally. These services include cryptocurrency deposits, credit facilities, structured asset management, prime brokerage, and derivatives strategies. Babel Bank has extended its reach across the Asian market, with branches in major cities such as Singapore, Beijing, and Seoul. It has forged strong partnerships with leading institutions, including exchanges, custodians, investment funds, and mining organizations worldwide. The core team at Babel Bank comprises professionals with backgrounds in top-tier financial institutions and technology companies, bringing significant expertise to the cryptocurrency space. The firm has garnered support from distinguished venture capital funds and completed a Pre-A round of financing in March 2020, further solidifying its position in the industry.

Nervos Network, founded in 2018 and based in Hangzhou, China, offers a hybrid blockchain solution that integrates a public blockchain with an application chain to facilitate the development and deployment of decentralized applications. The core component of the Nervos Network is the Common Knowledge Base (CKB), a layer 1 proof-of-work blockchain that allows for the secure storage of any crypto-asset while supporting smart contracts and layer 2 scaling solutions. This design ensures the security, immutability, and permissionless nature akin to Bitcoin while providing a unique crypto-economic model that captures the total network value. Nervos aims to provide enterprises with a robust framework of interoperable protocols within a public blockchain ecosystem, enabling secure and efficient management of decentralized applications.

Matrixport is a comprehensive platform that facilitates the trading, custody, investment, and borrowing of cryptocurrency assets. Headquartered in Singapore, the company leverages advanced technology and industry expertise to provide a range of services, including digital currency trading, institutional custody, and cryptocurrency lending. Matrixport's mission is to foster a more open and equitable financial system by utilizing blockchain technologies. With a focus on client empowerment, the platform aims to offer innovative financial products to users worldwide, thereby enabling them to take control of their finances and capital.

Matter Labs is a blockchain technology company founded in 2019 and based in George Town, Cayman Islands. The firm focuses on developing a blockchain network that leverages zero-knowledge technologies to facilitate secure interactions between untrusted parties. Matter Labs aims to promote the mass adoption of public blockchains, driven by a commitment to improving global financial systems through open and accessible alternatives. The company's mission stems from a blend of scientific inquiry and engineering enthusiasm, highlighting its belief in the transformative potential of blockchain technology.

CoinFLEX (Coin Futures and Lending Exchange) is the world's first physically delivered cryptocurrency futures exchange.

Nebulous, Inc. is a company focused on developing blockchain hardware and software for the decentralized internet. Founded in 2014 and based in Boston, Massachusetts, it operates Sia, a decentralized cloud storage platform that creates a marketplace for data storage by connecting users in need of file storage with hosts offering underutilized hard drive capacity. Utilizing blockchain technology, Sia enhances security and cost-effectiveness, enabling transactions through smart contracts without the need for intermediaries. In addition to Sia, Nebulous offers Skynet, a decentralized content delivery network and file-sharing platform designed for developers, and SiaStream, which provides affordable storage solutions for media files, facilitating quick streaming. Through these initiatives, Nebulous aims to deliver a robust and economical alternative to traditional cloud storage providers.

Gauntlet builds a blockchain simulation and testing platform for financial systems. The company's blockchain simulation and the testing platform run a series of simulations to test the client's protocol or smart contract and gain intuition on how design choices affect behavior, thereby helping financial institutions by providing transparency and greatly reduces the cost of experimentation so that teams can rapidly design, launch, and scale new decentralized systems. Gauntlet was founded in 2018 and is headquartered in Brooklyn, NY, USA.

Paradigm Foundation designs and develops a decentralized relay protocol for smart contract based financial primitives. The company's platform allows exchanges and traders to gain access to a liquidity pool. Its platform provides interfaces and libraries for developers to implement smart contract based financial primitives. such as spot exchange, derivatives, and loans. The company was founded in 2018 and is based in San Francisco, California.