{"id":44143,"date":"2021-06-10T20:35:12","date_gmt":"2021-06-10T17:35:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44143"},"modified":"2025-08-31T15:36:41","modified_gmt":"2025-08-31T12:36:41","slug":"arrington-xrp-capital-launches-a-100-million-investment-fund-for-algorand-ecosystem-projects","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/arrington-xrp-capital-launches-a-100-million-investment-fund-for-algorand-ecosystem-projects\/","title":{"rendered":"Arrington XRP Capital launches a $100 million investment fund for Algorand ecosystem projects"},"content":{"rendered":"<p>The digital asset management firm Arrington XRP Capital announced the launch of a $100 million fund to back initiatives built on the Algorand blockchain.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Today, <a href=\"https:\/\/twitter.com\/arringtonXRPcap?ref_src=twsrc%5Etfw\">@arringtonXRPcap<\/a> announced the launch of a $100M fund to invest in <a href=\"https:\/\/twitter.com\/hashtag\/Algorand?src=hash&#038;ref_src=twsrc%5Etfw\">#Algorand<\/a>-based initiatives! The Arrington Algo Growth Fund (AAGF) will focus on empowering projects building on Algorand &amp; supporting ecosystem growth: <a href=\"https:\/\/t.co\/cWKsD73Ub4\">https:\/\/t.co\/cWKsD73Ub4<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/futurefi?src=hash&#038;ref_src=twsrc%5Etfw\">#futurefi<\/a> <a href=\"https:\/\/twitter.com\/arrington?ref_src=twsrc%5Etfw\">@arrington<\/a> <a href=\"https:\/\/t.co\/LFlCQcoaQh\">pic.twitter.com\/LFlCQcoaQh<\/a><\/p>\n<p>\u2014 Algorand (@Algorand) <a href=\"https:\/\/twitter.com\/Algorand\/status\/1403020397205987334?ref_src=twsrc%5Etfw\">June 10, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abArrington Algo Growth Fund (AAGF) \u043d\u0430\u043f\u0440\u0430\u0432\u043b\u0435\u043d \u043d\u0430 \u043f\u043e\u043e\u0449\u0440\u0435\u043d\u0438\u0435 \u0438 \u0441\u0442\u0438\u043c\u0443\u043b\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u0435 \u0434\u043e\u043f\u043e\u043b\u043d\u0438\u0442\u0435\u043b\u044c\u043d\u043e\u0433\u043e \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u044f Algorand, \u043a\u043e\u0442\u043e\u0440\u044b\u0439 \u0432 \u043f\u043e\u0441\u043b\u0435\u0434\u043d\u0435\u0435 \u0432\u0440\u0435\u043c\u044f \u0437\u043d\u0430\u0447\u0438\u0442\u0435\u043b\u044c\u043d\u043e \u0432\u044b\u0440\u043e\u0441 \u0438 \u043f\u043e\u043b\u0443\u0447\u0438\u043b \u0440\u0430\u0441\u043f\u0440\u043e\u0441\u0442\u0440\u0430\u043d\u0435\u043d\u0438\u0435 \u0432 DeFi, \u0442\u0440\u0430\u0434\u0438\u0446\u0438\u043e\u043d\u043d\u044b\u0445 \u0444\u0438\u043d\u0430\u043d\u0441\u0430\u0445, \u0433\u043e\u0441\u0443\u0434\u0430\u0440\u0441\u0442\u0432\u0435\u043d\u043d\u043e\u043c \u0441\u0435\u043a\u0442\u043e\u0440\u0435, \u043f\u0440\u043e\u0441\u0442\u0440\u0430\u043d\u0441\u0442\u0432\u0435 NFT \u0438 \u043c\u043d\u043e\u0433\u043e\u043c \u0434\u0440\u0443\u0433\u043e\u043c\u00bb, \u2014 \u0433\u043e\u0432\u043e\u0440\u0438\u0442\u0441\u044f \u0432 \u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u0438.<\/p>\n<\/blockquote>\n<p>Arrington XRP Capital partner Michael Arrington stressed that they were impressed by the startup&#8217;s achievements.<\/p>\n<p>In the press release, several potential use cases for Algorand&#8217;s blockchain are listed:<\/p>\n<ul class=\"wp-block-list\">\n<li>Exodus (valuation around $700 million) <a href=\"https:\/\/www.algorand.com\/resources\/news\/exodus-issues-security-token-on-algorand\" target=\"_blank\" rel=\"noreferrer noopener\">\u0432\u044b\u043f\u0443\u0441\u0442\u0438\u043b\u0430 <\/a>securities tokens;<\/li>\n<li>MAPay, a technology firm, is transforming exchanges, data management and payments (a deal volume of about $800 million) in Bermuda&#8217;s healthcare system;<\/li>\n<li>Spanish money-transfer operator Bnext is using Algorand&#8217;s infrastructure to speed up and lower the cost of transactions.<\/li>\n<\/ul>\n<p>In 2019, the Algorand ecosystem attracted $200 million in funding from major investors.<\/p>\n<p>In 2020, the Algorand Foundation, the entity behind the project, launched a $45 million grant programme for blockchain-based projects.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital asset management firm Arrington XRP Capital announced the launch of a $100 million fund to back initiatives built on the Algorand blockchain.<\/p>\n","protected":false},"author":1,"featured_media":44144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1329,112,1133],"class_list":["post-44143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-algorand-algo","tag-ripple","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=44143"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44143\/revisions"}],"predecessor-version":[{"id":44145,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44143\/revisions\/44145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44144"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}