avatar

Arrington Capital Launches $100M Growth Fund for Moonbeam Ecosystem

Crypto investment firm Arrington Capital has partnered with the Moonbeam Foundation for a new $100 million ecosystem fund for Polkadot’s EVM-compatible Moonbeam parachain. The Arrington Moonbeam Growth Fund will finance new companies and protocols on the Moonbeam network, aiming at a wide range of verticals, including decentralized finance (DeFi), marketplaces, non-fungible tokens (NFTs) and gaming. The fund has already deployed capital to two undisclosed projects. Arrington Capital participated in a $1.4 million funding round for Moonbeam in 2020 and a $6 million strategic capital raise last year.
Source

Moonbeam

Polkadot

Fund

In This Article

Related News
Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures
BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
Global crypto investment products see $321 million in net weekly inflows as rebound continues: CoinShares Global crypto investment products see $321 million in net weekly inflows as rebound continues: CoinShares
Latest News More More
15 Hours Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
1 Day Ago Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
2 Days Ago Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
2 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open