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Alternative Market Briefing

TechCrunch founder's crypto fund acquires crypto-focused private fund ByteSize

Thursday, March 28, 2019

Laxman Pai, Opalesque Asia:

TechCrunch founder Michael Arrington announced that his Arrington XRP Capital hedge fund has secured additional $30m commitment in December 2018 from undisclosed existing partners.

Arrington's $100m startup has also acquired ByteSize Capital, an Australian research consortium and private crypto fund.

ByteSize Capital's founders Ninor Mansor and Ninos Mansor have joined Arrington XRP Capital as partners, alongside founding partners Heather Harde and Michael Arrington.

In addition, Geoffrey Arone will be stepping down from Arrington XRP Capital and moving to an advisory role.

"ByteSize Capital is a private fund and research house focused exclu......................

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