
Arrington XRP Capital
Description
Arrington Capital, formerly known as Arrington XRP Capital, is a prominent digital asset management firm founded in 2017 by Michael Arrington, the founder of TechCrunch. Initially launched with a focus on XRP-denominated investments, the firm has since evolved its strategy to become a broader investor in the burgeoning blockchain and Web3 ecosystem. Based in Seattle, Arrington Capital leverages its deep industry connections and expertise to identify and support disruptive technologies across various blockchain verticals.
The firm's investment strategy is comprehensive, spanning across the capital stack from early-stage equity to liquid token investments. They actively seek out projects in decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain infrastructure, gaming, and other innovative applications that leverage distributed ledger technology. Arrington Capital is known for its hands-on approach, providing strategic guidance and leveraging its extensive network to help portfolio companies scale and achieve their potential in a rapidly evolving market.
Arrington Capital has demonstrated its commitment to the blockchain space through the successful raising of multiple dedicated funds. This includes the Arrington Algo Growth Fund, a $100 million fund launched in 2021 to support projects within the Algorand ecosystem, and the Arrington Capital Fund III, another $100 million fund announced in 2022. These funds enable the firm to deploy significant capital into promising ventures. Their typical initial investment check size ranges from $500,000 to $10 million, targeting projects with strong technical foundations and innovative solutions.
With a clear vision for the future of decentralized technologies, Arrington Capital continues to be a significant player in the digital asset investment landscape. Their focus remains on backing foundational protocols and applications that aim to reshape industries and create new paradigms for digital ownership and interaction.
Investor Profile
Arrington XRP Capital has backed more than 107 startups, with 0 new investments in the last 12 months alone. The firm has led 28 rounds, about 26% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, Singapore, South Korea.
- Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
- Typical check size: $500K – $10M.
Stage Focus
- Seed (50%)
- Series Unknown (15%)
- Series A (12%)
- Pre Seed (8%)
- Initial Coin Offering (8%)
- Series B (1%)
- Undisclosed (1%)
- Angel (1%)
- Corporate Round (1%)
- Private Equity (1%)
Country Focus
- United States (48%)
- Singapore (12%)
- South Korea (7%)
- Cayman Islands (4%)
- Switzerland (3%)
- China (3%)
- Canada (2%)
- Vietnam (2%)
- Hong Kong (2%)
- United Kingdom (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Financial Services
- Fintech
- Software
- Information Technology
- Finance
- Internet
- Decentralized Finance (Defi)
- Web3
Frequently Asked Questions
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