Dragonfly Asset Management

Dragonfly Asset Management blends decades of award-winning investment experience with blockchain expertise to identify the most compelling digital assets.

[Dragonfly Asset Management @DragonflyAssets]

Something new is live.

We've just launched the brand new Dragonfly Asset Management website, and we couldn't be more excited to share it with you.

Fresh design. Bold identity. Built to impress.

Go explore 👇
[🔗https://t.co/Qw2ax4khS8]]

#DragonFlyAssetManagement #NewWebsite #DesignRefresh #AssetManagement

[Dragonfly Asset Management @DragonflyAssets]

A VC panel from last week’s proof of talk summit in Paris shared a perspective worth passing on.

Asked whether they prefer tokens or equity, their answer was simple: what matters most is alignment with founders and the ability to capture value.

For a long time, investors took both, largely because it wasn’t yet clear where value would accrue. That’s starting to change. There’s a growing recognition that tokens may ultimately offer a stronger model, and more protocols are designing with token holders in mind.

A telling detail: tokens have become far more of a norm in Asia than in Europe. But these conversations suggest the rest of the world is steadily catching up.

A reminder that the space is maturing, thoughtfully, and faster than many expect.

#digitalassets #tokens

[Dragonfly Asset Management @DragonflyAssets]

Last week, our Director of Business Development, Giada Narducci, moderated a powerful panel at Women in Fintech 2026: “From Speculation to Utility: Crypto, Stablecoins and Tokenised Assets in Practice.”

One stat that landed hard: the entire crypto ecosystem is worth ~$3 trillion. Tokenised assets? $330 billion. Remove stablecoins, and only $30 billion qualifies as truly tokenised.

The gap between the hype and the reality is still enormous, but the direction of travel is clear.

A few weeks ago, JP Morgan submitted a request to the SEC to launch a money market fund built natively on-chain, already tapping into stablecoin reserves. Not a mirror of a traditional fund. Built from scratch, tokenised from day one.

That’s the shift. From experimentation to infrastructure.

Stablecoins are already regulated from Washington to Brussels. Tokenisation is now a live product across major banks. The question is no longer if, it’s how fast.

We’re watching this space closely. It sits at the core of what we do at Dragonfly.

[Dragonfly Asset Management @DragonflyAssets]

Today we shared our June 2026 Monthly Update with stakeholders and investors.

2026 has been a tough year for digital assets. Out of 571 largest cap tokens, only ~12% are in positive territory year-to-date. BTC is down 15%. ETH is down 27%. A passive, index-weighted allocation would have delivered those drawdowns.

This is exactly why active management matters.

At Dragonfly, we invest in the protocols powering the infrastructure being built on-chain, selected through deep fundamental research and high-conviction positioning.

The results speak for themselves:

- Hyperliquid (HYPE) — +166% YTD
- Venice (VVV) — +106% YTD
- Morpho (MORPHO) — +65% YTD.

In a market where the vast majority of assets are underwater, conviction-driven research and active selection is how we navigate.

For professional investors only. Past performance is not indicative of future results.

hashtag#Dragonfly hashtag#DigitalAssets hashtag#ActiveManagement hashtag#DeFi hashtag#CryptoInvesting hashtag#Hyperliquid hashtag#Morpho hashtag#Venice hashtag#OnChain hashtag#HYPE

[RMP @rmpaun]

The $110 Trillion Wealth Transfer Has a Crypto Chapter Most Allocators Are Underestimating

Grayscale's latest research lands a sharp point on the crypto tailwind coming out of the biggest wealth handover in history: roughly $110 trillion sitting on Boomer and Silent Gen balance sheets, and a modest 2% shift by the heirs would translate into ~$2.2 trillion of net new demand for digital assets.

That's the demand story. But there's a distribution story sitting right next to it - and if you're an allocator underwriting asset managers or wealth platforms, it deserves just as much of your attention.

Because here's the thing about the people actually inheriting that $110 trillion:
- Only 20% of heirs keep their parents' financial advisor after the money changes hands. The other 80% fire, switch, or go it alone (Cerulli, 2025).
- Through 2048, US wealth transfer is projected to hit $124 trillion - with about $69 trillion landing in the laps of Millennials, Gen X, and Gen Z combined (Cerulli).

The TL;DR here is: in the same window that $2.2 trillion potentially reallocates into crypto, close to $100 trillion of advisor, platform, and manager relationships is up for grabs - by a generation with very different preferences, including a comfort with digital assets their parents' advisors never really had to deal with.

The takeaway for allocators is pretty blunt: current AUM tells you how well a firm served the last generation. Retention through the handoff tells you whether it's built for the next one. Those are very different numbers - and not many incumbents can credibly quote the second.

Source: Grayscale Research (April 2026), Cerulli Associates (2025), Harris Poll (2025).

[Richard @ricwe123]

30 countries are constantly saying that the other 165 are "isolated"

😂😂😂

[RMP @rmpaun]

1/Ready to future-proof your smart devices? OEMs can now plug-and-play @SuiNetwork into any device!

With MicroSui, @SuiNetwork is laying the groundwork to become a DePIN powerhouse. @ATTNtoken

[RMP @rmpaun]

What does it say when Blackrock’s 1-year-old Bitcoin ETF sits among the Top 25 largest ETFs - most launched 10 to 20 years ago?

Things are changing faster than anyone predicted—so what’s driving this acceleration?

[Stack Hodler @stackhodler]

If you're an investor you need to understand:

The Trump admin made lowering the 10 year yield their primary goal.

They were going to use a combination of tariffs for revenue and DOGE for spending cuts to show the bond market they were serious about cutting the deficit.

They failed.

And now the deficit is set to increase.

This is beyond politics. If you're still cheering on a team or blaming this on "the other side" you're missing the point.

This is math. And it's just history repeating.

If we skip to the end, this ends with massive currency devaluations, a global reordering, and investors rushing into assets that cannot be printed.

There's still ~$7 Trillion sitting in money market funds.

All of that will eventually rush into something that can't be printed.

And as the only credibly finite store of value asset which has consistently out-performed... Bitcoin will ultimately be the biggest winner.

Here's where it gets crazy: Everyone knows they need to print.

Which means people are rushing to take on even more debt because it's "free money" that they can use to lever up for the inevitable.

We're seeing it with Bitcoin treasury companies and individuals.

I don't know how it ends, but they've already shown they won't allow a debt collapse.

And with AI a looming threat to a vast swath of white collar jobs...

The debt-laden professional class threatening to default due to loss of income could end up being the domino that tips into the fiat house of cards.

The amount of currency they will need to print to effectively reset the debt system is going to be mind-melting.

And the use case for finite BTC that can't be printed will be blindingly obvious.

[Crypto Tea @Cryptotea]

5 companies invested $3 billion into bitcoin in the last few days

Strategy - $1.34 billion
Nakamoto - $710 million
Metaplanet - $200 million
GD culture - $300 million
Twenty One - $458 million

[RMP @rmpaun]

“Gold’s the one thing you can’t just print more of — that’s why it’s always held its value.” Yes, you can’t print gold, but you can always dig up more!

With a capped supply of 21 million coins, Bitcoin is the only asset you can't produce more of in response to higher prices!

[RMP @rmpaun]

Wall Street is due an upgrade… and it might just be on-chain

A Solana-led coalition is pitching the SEC on an 18-month pilot to issue and trade stocks on public blockchains.

The goal? Prove blockchain can modernise markets — as major institutions back a $19T tokenisation wave.

[Dragonfly Asset Management @DragonflyAssets]

DEPIN networks have fast-growing revenues which are far less volatile

[Dragonfly Asset Management @DragonflyAssets]

Could crypto hold the key to solving the biggest macro risk we face as investors? With U.S. national debt soaring and traditional solutions falling short, crypto's role in the future of finance may be more critical than ever. Stablecoins are already driving demand for U.S. debt—could they be the unexpected savior?

🔗 Read more from @PTLIB99 on Medium:
https://t.co/T6EPGb2oFi

[Altcoin Daily @AltcoinDaily]

"Nearly half of all the corporate money being pumped into this year's election is coming from the #crypto industry"

Outspending big oil, big banks, and the Koch Brothers.

Bitcoin Supercycle has begun! 🚀

[Dragonfly Asset Management @DragonflyAssets]

@DragonflyAssets is hiring a Research Analyst.

Join our fast-growing, top-performing fund at an early stage to learn from expert investors, help shape portfolio decisions, and actively engage in client events.

Apply now: https://t.co/1f5m2Ps92A

[Eric Balchunas @EricBalchunas]

The trading explosion is spilling into the bitcoin futures ETFs as well, check out $BITX, the 2x btc futures smashing its volume record w 3hrs to go still.. $BITO and $BITI also headed towards record days. All told Nine btc ETFs in Top 100 most active, totaling $6.7b. For context, Apple has traded $4.5b.

[BitMEX Research @BitMEX_Jon]

[1/5] Bitcoin ETF Flow - 28th Feb 2024

All data in. Today was a record inflow day, with $673.4m of net inflow. This was driven by Blackrock, which also had a record day, with $612.1m of inflow

[Alvaro Cintas @dr_cintas]

New Sora AI videos are popping up, and people are shocked.

These are the new top 10 examples:

1. Hermit crab using an incandescent lightbulb as its shell