Ripple Makes Investment into Blockchain Founders Fund
Summary
Ripple, a leader in enterprise blockchain and crypto solutions, made a strategic investment into Blockchain Founders Fund (BFF), a Singapore-based early-stage Venture Capital Fund that focuses on top-tier Web3 startups globally. The investment is part of Ripple’s efforts to accelerate the adoption of blockchain technology globally. The funding will be used by BFF to support high-potential early-stage companies that are building the infrastructure and products that will streamline the transition to a decentralized future. Furthermore, the support from Ripple will help BFF’s ability to invest in a wide range of companies with strong founders and compelling growth potential, while continuing to support existing portfolio companies that are already making its mark in the industry such as Splinterlands, Dogami, Krayon, Altered State Machine, Magnaand, LunarCrush. Led by Aly Madhavji, Managing Partner, Blockchain Founders Fund invests in top-tier Blockchain startups globally with over 100 portfolio companies predominantly focused on the Web3 landscape.
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