The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which has seen significant growth and adoption recently across DeFi, traditional finance, the public sector, NFT space and more.
United States, June 10, 2021 /AlexaBlockchain/ – Arrington Capital has launched a new $100 million fund to support initiatives building on Algorand blockchain.
Arrington Capital is a digital asset management firm primarily focused on blockchain-based capital markets. The firm, founded in 2017 by TechCrunch and CrunchBase founder Michael Arrington and TechCrunch CEO Heather Harde, has over $1 billion under management and has invested in hundreds of startups across the world.
Algorand is a leading blockchain accelerating the convergence of decentralized and traditional finance.
Arrington Algo Growth Fund (AAGF)
The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which has seen significant growth and adoption recently across DeFi, traditional finance, the public sector, NFT space and more.