Michael Arrington, the founder and former co-owner of Techcrunch is looking to get into the hedge fund business.
The serial entrepreneur announced earlier this week that he is looking to raise raising $100 million for a hedge fund that will buy and hold crypto assets while making investments in token sales and (some) equities and debt.
Unlike all of the other hedge funds that have sprung up this year in the crypto asset space, Arrington's offer stands out from the crowd due to its unique structure.
A unique structure
The fund, which is called XRP Capital, is the first such fund to be denominated in a cryptocurrency rather than...
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