Fund profile

Arrington XRP Capital

Seattle, United States

Leading

About

Arrington XRP Capital is a dynamic cryptocurrency hedge fund, known for its strategic investments in blockchain technology and digital assets. Founded by Michael Arrington, the former TechCrunch founder, the fund has a significant footprint in the crypto space, backing notable startups such as Nexo, ThunderCore, and Algofi. Their investment portfolio spans various sectors including decentralized finance (DeFi), gaming, and blockchain infrastructure, with companies like Palm Tree Crew, Sipher, and Tinyman showcasing their diverse interests. Arrington XRP Capital primarily focuses on early-stage ventures and Initial Coin Offerings (ICOs), favoring innovative blockchain projects that demonstrate strong potential for growth. The fund operates globally, with no strict geographic limitations, allowing it to capture opportunities across different markets. The investment strategy is rigorous and thoughtful, typically participating in funding rounds with multiple investors to diversify risk. They prefer projects with robust technical foundations and visionary teams, aiming to support the long-term development of the blockchain ecosystem. The fund's typical check size varies, but they are known for leading rounds and providing substantial backing to promising startups​.

Details

Average check

$0-$100K$100K-$500K$500K-$1M$1M-$3M$3M-$10M

Round

Pre-SeedSeedSeries A

Highlights

$2.9M

Historical average check

$225M

Historical max check

April 2024

Last investment date

112

Investments

Web 3.0

Software & Apps

Fintech & Financial services

Gaming

Security & Privacy

Other

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