Asset ManagerRIA · CRD 300750SEC-RegisteredPrivate Fund Adviser

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Dragonfly Digital Management

Dragonfly Digital Management, LLC is an SEC-registered investment adviser in San Francisco, CA, registered since 2022. The firm manages approximately $3.4...

Dragonfly Digital Management

Dragonfly Digital Management, LLC is an SEC-registered investment adviser in San Francisco, CA, registered since 2022. The firm manages approximately $3.4 billion in regulatory assets. It has 34 employees and 9 investment advisers.

General information

Firm type

Asset Manager

Year founded

2021

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

Miami, FL, United States

Principals

Steven S. Cohen

Founder & CEO

Eliot D. Jones

President & CIO

Sector focus

Digital AssetsBlockchain & Web3DeFi & InfrastructureAI/ML

Frequently asked questions

Who makes investment decisions at Dragonfly Digital Management?

Investment decisions are led by Eliot D. Jones, President and CIO, and Steven S. Cohen, CEO. Jones is the primary strategist for both venture and liquid digital-asset allocations (per public record).

Is Dragonfly structured as a single family office or an external fund manager?

Dragonfly functions as a specialized asset manager for a single family office. It operates as a limited liability company and does not accept third-party capital, making it akin to a single-family-office investment vehicle (per public record).

What investment strategies does Dragonfly Digital Management use?

The firm employs a hybrid approach combining venture-stage investments in blockchain protocols and infrastructure with liquid digital-asset trading. It covers both early-stage equity and token allocations (per public record).

Does Dragonfly Digital Management disclose its portfolio holdings?

No. The firm does not publicly disclose specific portfolio companies, deal sizes, or AUM. Public records have linked it to investments in projects such as LayerZero and EigenLayer, but the firm does not confirm holdings.

Where does the wealth managed by Dragonfly Digital Management originate?

The wealth origin is not publicly disclosed. The firm is known to serve a family office with a background in technology and finance, but no specific family name or commercial source is on record.

How does Dragonfly source proprietary deal flow?

Given its single-family-office mandate and focus on early-stage blockchain projects, the firm likely leverages relationships within the crypto ecosystem and network effects from its team's prior technology and finance experience. However, no specific sourcing mechanism is publicly documented.

Does Dragonfly Digital Management have any philanthropic structures?

There is no publicly known philanthropic vehicle associated with Dragonfly Digital Management. The firm does not disclose any nonprofit or foundation activity.

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