Founded in 2017 in Seattle, Washington, Arrington XRP Capital invests in early stage ventures, seed, series A, initial coin offerings, and corporate rounds. With a portfolio of companies including Arweave, BlockFi, SKALE Labs, and CasperLabs, the firm has made 31 investments as of March 2020. Their most recent investment was $30M in BlockFi on February 13, 2020. Arrington XRP Capital has raised two funds, the latest being Ripple XRP II, which raised $100M and was announced on March 27, 2019.