Hedge Fund Arrington XRP Capital has attracted over $100 million at the end of the funding round and acquired an Australian research consortium and private cription ByteSize Capital. It is reported by CoinDesk.
Founder Arrington XRP Capital Michael Arrington hopes that the acquisition Fund will allow the firm to improve strategy in a bear market.
“Trade needs to benefit both bull and bear markets. Command ByteSize, who joined us as partners, not only has the necessary experience for successful trading, but also has its own tools of analysis of the market,” he said, adding that venture capital investment will remain the main direction of Arrington XRP Capital.
We will remind, in January the hedge Fund XRP Arrington supported the blockchain startup Totle.