Arrington XRP Capital

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Revision as of 10:10, 18 January 2022 by 5imp5on (talk | contribs) (1 revision imported)

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.

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."

"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."

Team, partners

Partners