Ripple Invests $25 million in VC Firm Blockchain Capital

[kreslik.news]

San Francisco-based blockchain payments firm Ripple has invested $25 million worth of XRP in Blockchain Capital Parallel IV.

Blockchain Capital is one of the first capital funds set up to back blockchain-based projects and is managing a total capital of around $150 million. Moreover, this is the first fund to accept capital calls in cryptocurrencies.

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Bart Stephens, co-founder and managing partner of Blockchain Capital, commented: “As pioneers in the blockchain sector, we have been on the frontlines and in the trenches with our portfolio companies, ... (read more)