Ripple (XRP) Invests $25 Million in Blockchain Fund

Ripple (XRP) Invests $25 Million in Blockchain Fund

Ripple invested $25 million worth of XRP into the $150 million blockchain fund created by Blockchain Capital. Blockchain Capital, a venture capital firm dedicated to blockchain technology, designated Ripple’s investment to its own special purpose vehicle called the Blockchain Capital Parallel IV, which accepts cryptocurrency investments only. A spokesperson for Blockchain Capital explained to Fortune…