This provider
The service provider's name, 39 additional funds served, 1 provider change
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days.
A fund is served when its adviser names this provider in the role on the fund’s latest Form ADV, or names it as a sales compensation recipient on a Form D. Gross assets are the adviser’s own figure on Form ADV; an implausible figure is left out rather than printed.
| Fund | Manager | Role | Vintage | Gross assets | Latest filing |
|---|---|---|---|---|---|
| Dragonfly Ventures III, L.P. | Dragonfly Digital Management, LLC | Custodian | 2022 | $1.3B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Electric Capital Frontier Fund II, LP | Electric Capital Partners, LLC | Custodian | 2021 | $849M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Distributed Global Ventures III LP | Distributed Global Manager LP | Custodian | 2022 | $610M | Form ADV Apr 28, 2026 reports.adviserinfo.sec.gov |
- Dragonfly Digital Management, LLC2 funds, $1.6B reported gross assets
- Electric Capital Partners, LLC2 funds, $1.2B reported gross assets
- Distributed Global Manager LP3 funds, $656M reported gross assets
- Mar 25, 2025Won Custodian: this provider replaced ANCHORAGE DIGITAL BANK N.A. at Portal Ventures Fund I, LP · Portal VenturesForm ADV, previous Feb 28, 2024 reports.adviserinfo.sec.gov
- Mar 29, 2024Won Custodian: this provider, COINBASE CUSTODY TRUST COMPANY, LLC, NORTHBROOK BANK & TRUST, DBS BANK, NORTHBROOK BANK & TRUST, DBS BANK LIMITED replaced Silicon Valley Bank, SIGNATURE BANK at Dragonfly Ventures III, L.P. · Dragonfly Digital Management, LLCForm ADV, previous Jul 18, 2023 sec.gov
- Mar 28, 2024Succession Custodian: this provider, this provider, COINBASE CUSTODY TRUST COMPANY, LLC replaced FIRST REPUBLIC BANK at Reciprocal Ventures II, L.P · Reciprocal Venture Management, L.L.C.Form ADV, previous Mar 23, 2023 sec.gov
A decision is one manager’s filing that names a different provider in the role with none carried over. An acquisition is shown as a succession and never counted as won or lost; two names of one firm family are neither.
Named as custodian on 42 venture funds, 0.1% of the venture funds with a custodian on record. Won 2 and lost 0 adviser decisions from 2024 to 2026: a net gain of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 18 | 8 |
| Multi-stage venture firm | 11 | 3 |
| Candidate | 5 | 2 |
| Private equity with venture activity | 5 | 3 |
| Seed fund manager | 2 | 1 |
| Corporate venture | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 15 | 8 |
| $25M to $100M | 9 | 7 |
| $100M to $500M | 14 | 11 |
| $500M and over | 4 | 4 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 13 | 5 |
| New York | 11 | 3 |
| Texas | 4 | 2 |
| Massachusetts | 3 | 2 |
| Florida | 2 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 1 (1) | 0 (0) | none |
| 2024 | 1 (1) | 0 (0) | 1 in, 0 out |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Candidate | 1 | 0 |
| Private equity with venture activity | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 1 | 0 |
| $500M and over | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 1 | 0 |
| Texas | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- ANCHORAGE DIGITAL BANK N.A.1 decision, 1 fund
- SIGNATURE BANK1 decision, 1 fund
- Silicon Valley Bank1 decision, 1 fund
Decisions since 2023 for the breakdowns and the lists, five filing years for the table. One manager’s filing is one decision however many funds it moves. By acquisition (a succession, never counted as won or lost): 1 in (1 funds), 0 out (0 funds).
The managers to call are listed by name for a reader with the venture graph. See the custodian opportunity list
- First named
- Mar 30, 2023
- Latest filing
- Aug 27, 2026
- LEI
- 254900QXDWGM1T0HGF47
Sources: SEC Form ADV Schedule D (Section 7.B.(1) items 23 to 28) and Form D sales compensation recipients, each row linked to its filing above.
Ask: Which venture funds switched custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.