Arrington XRP Capital introduction
Founded in 2017, Arrington XRP Capital is a Seattle-based cryptocurrency hedge fund founded by Michael Arrington. Michael Arrington was previously the founder of IT news site TechCrunch and venture capital fund CrunchFund. Unlike other similar funds that mainly invest in Bitcoin and Ethereum, the fund is priced in the cryptocurrency XRP. He believes that Ripple has a financial infrastructure. According to an article published by Lianwen, Arrington XRP had assets of no less than US$100 million at the beginning of its establishment.