Dragonfly Capital is a crypto-focused investment fund that invests across venture stages and liquid tokens and has rebranded, dropping "Capital" from its public name. Dragonflycap's Twitter Score is 1.2 out of 1000 as of July 2026, ranking #497,139 among 531,432 tracked accounts.
Dragonflycap was founded by Alexander Pack and Bo Feng, with early backing from OKEx and Bitmain. The firm launched its first cryptocurrency-focused fund at $100 million and later closed Dragonfly Ventures III in 2022 at $650 million in limited-partner commitments, surpassing its $500 million target. That same year, Dragonflycap acquired crypto hedge fund MetaStable Capital, folding it into its broader platform alongside Dragonfly Ventures and Dragonfly Liquid.
Dragonflycap also underwent a 2022 rebrand, shedding "Capital" from its name, and the legacy @dragonfly_cap handle now redirects to the active account at Dragonfly. In July 2025, federal prosecutors stated in court that they were considering charges involving a Dragonfly general partner over the firm's 2020 investment in Tornado Cash; days later, Dragonflycap stated that the DOJ had clarified on the trial record that it was not targeting the firm.
Dragonflycap's fund portfolio includes Metatheory.
Dragonflycap has been mentioned by 238 accounts, with 525 total mentions. Dragonflycap has 503 followers as of July 2026 on the platform.
Who follows Dragonflycap on X?
The accounts that follow Dragonflycap include 3 founders, 4 influencers and 3 VCs. Among them are Ram Ahluwalia CFA, Lumida, 0xGeeGee, Ash, Drew Marshall, QORPO WORLD and DegenPenna.