Dragonfly Digital Management

Dragonfly Digital Management

Dragonfly Digital Management was founded in 2021 by Eliot D. Jones, who serves as President and CIO, alongside Steven S. Cohen as CEO, to manage digital-asset investments for a single family office. The firm operates out of Miami, Florida, with no disclosed additional offices. Its wealth origin is not publicly specified, but the firm is known to serve a family office with a long history in technology and finance. The firm pursues a dual strategy of venture-stage investments and liquid digital-asset trading. It targets blockchain infrastructure, decentralized finance (DeFi) protocols, and Web3 applications, with a stated interest in AI/ML integration within crypto. Dragonfly does not disclose portfolio companies or deal sizes, but public records indicate it has made early-stage investments in projects like LayerZero and EigenLayer (per public record). The geographic footprint is global, with focus on North America, Asia, and Europe. As of early 2026, Dragonfly Digital Management has not publicly disclosed staff count or AUM. It has no known philanthropic arm or organic operating companies. Recent activity includes participation in several early-stage blockchain funding rounds in 2025 (per public record). The firm operates without a public website or LinkedIn presence, consistent with a low-profile family-office structure. The firm's structural differentiator is its exclusive mandate as a single-family-office asset manager with a pure-play digital-asset focus, combining both venture and liquid strategies under one roof. This hybrid approach reduces reliance on external fund managers and allows direct control over asset allocation across the blockchain technology stack.