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Arrington Capital Launches A $100 Million Venture Fund To Bet On Algorand Ecosystem

Mary Liu

Summary: Arrington Capital, a crypto venture capital firm built by TechCrunch founder Michael Arrington, is launching a $100 million venture fund -- Arrington Algo Growth Fund (AAGF).  The new fund focuses on projects in the Algorand ecosystem and will invest in related tokens and stocks. This is the second fund focused on cryptocurrency after the flagship fund ...

Arrington Capital, a crypto venture capital firm built by TechCrunch founder Michael Arrington, is launching a $100 million venture fund -- Arrington Algo Growth Fund (AAGF). 

The new fund focuses on projects in the Algorand ecosystem and will invest in related tokens and stocks. This is the second fund focused on cryptocurrency after the flagship fund Arrington XRP Capital Fund. 

Arrington said in the statement: "We are inspired by the traction that Algorand has in the market right now. With unmatched tech, robust developer resources and a vision for long-term sustainability, Algorand is empowering its community to more easily create the future of finance."

By Mary Liu

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