(Re) Introducing Dragonfly

By Haseeb Qureshi | Research

Dragonfly includes Dragonfly Ventures, Dragonfly Liquid, and now Metastable, the oldest crypto hedge fund, which we recently acquired. Metastable is one of the longest-running funds in crypto...

Today, we’re excited to unveil the new face of Dragonfly. Dragonfly is the global crypto investment firm. Dragonfly includes Dragonfly Ventures, Dragonfly Liquid, and now Metastable, the oldest crypto hedge fund, which we recently acquired. Metastable is one of the longest-running funds in crypto history, co-founded in 2014 by Naval Ravikant, and was an early investor into Ethereum, Avalanche, Cosmos, Starkware, NEAR, Zcash, Filecoin, Dfinity, and Algorand. With its addition, Dragonfly is now more expansive than it’s ever been. And it’s time for a refresh. It’s hard to build the future when you look like the past. That’s why we’re changing the way Dragonfly looks and feels. We’re dropping the “Capital” from our name, and our new look is more crypto-native, inspired by the hackers and weirdos (we say with love!) who have built this industry from the ground up. Our aesthetic is less Patagonia, more ASCII; less stock photo, more glitch art. Check it out at our new domain, dragonfly.xyz. First, our global approach, because crypto is not like web2. It’s been a fundamentally global phenomenon from day one. Users, talent, community, and capital are fused together from all over the world, and our global DNA reflects that as well. Second, our deep technical experience, because crypto is driven forward by technological breakthroughs. An investment approach that doesn’t understand the underlying technology is always going to be shallow. That’s why much of our team is composed of tec