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Xpring

California Founded 2018 Website
Cheque Size$1M to $50M
Stages6
Industries15
Markets18
Stated Portfolio5
Operating Since2018 (8y)

About Xpring

Xpring is Ripple's investment arm focusing on blockchain and cryptocurrency projects. It invests in, incubates, acquires, and provides grants to companies and projects that utilize XRP and the XRP Ledger. Xpring aims to build a robust community of developers, entrepreneurs, and companies transforming industries using blockchain technologies. Xpring's investment strategy includes supporting projects at various stages, from seed to late-stage, across multiple industries such as technology, financial services, and digital payments. The firm has made significant investments in companies like Coil, a platform for web monetization, and Flare Networks, a smart contract platform. Xpring's investment philosophy centers on fostering innovation and adoption of XRP and the XRP Ledger to drive the Internet of Value forward.

Geographical Focus

African markets2

Other stated markets16

United StatesUnited KingdomCanadaGermanyJapanAustraliaSingaporeChinaIndiaBrazilFranceMexicoIndonesiaSouth KoreaTurkeyRussia

Requirements

Projects must utilize XRP and the XRP Ledger, Focus on blockchain and cryptocurrency sectors, Open to various stages of development

Stated Portfolio5

Mintable
Coil
Flare Networks
Towo Labs
XRPL Labs

As reported by the investor. We hold no profile for these companies, so they are printed as stated rather than linked.

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Profile

TypeCorporate VC
CityCalifornia
Founded2018
Minimum Cheque$1M
Maximum Cheque$50M