Arrington XRP Capital
From CryptoWiki
Basics
- Founded in 2017
- Arrington XRP Capital is a digital asset management firm launched by TechCrunch founder Michael Arrington. The $100 million fund chose Ripple (XRP) as its base denomination.
- EtherFi, are private investors, but also airdrop farmed EtherFi with insider info and dumped all the ETHFI on Binance immediately
Investments
- Do Kwon; gave a 'special shoutout for backing literally everything I've done in my career (without even a pitch)'
- From Messari (9-3-2020):
aelf, Ampleforth, Blockstack, Bloom, Celer, Cortex, Fantom, Nexo, NKN, NuCypher, Oasis Labs, Origo Network, Perlin, Propy, TON, Thunder Token and XRP.
"Acala closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital and others."
aUSD Ecosystem Fund; one of the founding funds to grow the Acala stablecoin (23-3-2022)
- Aergo. Is mentioned as a backer of Aergo (6-8-2020).
- Alice; one of the seed investors (13-5-2021).
- Anchor; Do Kwon mentioned them as part of a $20M raise, calling the participants the 'Anchor whales' (16-3-2021)
- APY.Finance. Participated in a $3.6M seed funding round for APY.Finance (26-9-2020).
- Bella Protocol. From CoinDesk (7-9-2020):
"Bella Protocol (BEL) recently raised $4M in a seed funding round led by Arrington XRP Capital.
- BitClout; from (19-3-2021) Michael Arrington's own twitter: "The #bitclout FUD is just that, FUD. @arringtonXRPcap are coin-holders, other holders are tier 1 investors/people too. The service is fully launching very soon. The founders are choosing to remain pseudonymous for now. But we and other holders are DIAMOND HANDS on this one."
- Chromia; it lists them as their investors (31-1-2023)
- Cred. Is a backer (29-5-2019) of Cred, which it also has a partnership with.
- Carry. Is a backer (11-6-2020) of Carry.
- EtherFi, are private investors, but also airdrop farmed EtherFi with insider info and dumped all the ETHFI on Binance immediately
- Mirror Protocol; invested through Terra (8-12-2020).
- Nexus Protocol; mentioned on their website as an investor (4-11-2021).
- Pocket Network; part of the $10m raise (6-1-2022).
- Secret Network; part of a $11.5M token sale (4-5-2021).
- Skale. Is on the list of supporters of Skale (31-7-2020).
- Terra. Invested in Terra and all its other ventures (9-3-2020). Was part of the $150M ecosystem fund for Terra as well (16-7-2021).
- Vega Protocol; part of the $2.2M raise (18-3-2021).
- Wormhole; part of their $225M raise (29-11-2023).
Team, partners
- Has 3 employees (9-3-2020)
- Michael Arrington; General Partner at CF.
Partners
- Is a member of DeFi Nation, created by Mosendo (24-5-2020).
- Mentioned (13-7-2021) as part of the Investor Network of Asia DeFi Network (ADN).