Arrington XRP Capital

Arrington XRP Capital is a Seattle, Washington-based venture capital and digital asset management firm that invests in early-stage Web3 startups, decentralized protocols, and core blockchain infrastructure. The firm currently manages over $1 billion in total assets under management and has built an extensive investment portfolio of more than 200 early-stage cryptocurrency and Web3 technology companies. After launching its initial flagship fund with $100 million, the organization expanded its capital base by introducing a $100 million Algorand-focused growth fund in 2021 and a subsequent $100 million Moonbeam ecosystem fund in 2022. The firm's broader investment strategy spans decentralized finance, non-fungible tokens, and layer-one blockchains, backing prominent networks and platforms such as Algorand, Polkadot, Arweave, Immutable X, and Fantom. Arrington XRP Capital was officially founded in 2017 by Michael Arrington, Heather Harde, and Geoffrey Arone.

Arrington Capital is a thesis-driven investment firm focused on digital assets and Web3 technologies. It deploys capital into early-stage crypto ecosystem companies, acting as an investment vehicle. The firm strategically backs innovative projects advancing the decentralized web, leveraging deep understanding of emerging protocols and blockchain solutions.

Michael Arrington, Heather Harde, and Geoffrey Arone co-founded the firm in 2017, initially as Arrington XRP Capital. Arrington, TechCrunch founder, recognized blockchain's early potential. With Harde, a former TechCrunch CEO, and Arone, an experienced executive, they formed the fund, driven by a crypto-native investment approach.

Arrington Capital partners with early-stage companies and founders building in digital asset and Web3, offering capital and strategic guidance. Its vision fosters widespread decentralized technology adoption. The firm empowers portfolio companies, ultimately driving the evolution and maturation of the broader Web3 landscape.