Ripple Labs

Ripple Labs, Inc. is a technology company that operates a global payments network leveraging blockchain technology. Founded in 2012 and headquartered in San Francisco, California, Ripple develops RippleNet, an enterprise-level decentralized solution that connects banks, payment providers, digital asset exchanges, and corporations to facilitate international money transfers. Its offerings include XRP, a digital asset used for payments; xCurrent, which provides cross-border payment services for banks; xRapid, designed for payment providers and financial institutions to optimize liquidity costs; and xVia, a tool for corporates and payment providers to send payments using a standardized interface. Ripple aims to create a frictionless experience for global transactions, allowing financial institutions to transact directly with each other while minimizing foreign exchange exposure and counterparty risks. The company also maintains additional offices in major cities around the world, including New York, London, and Sydney.

Jon Bilich

CFO

Arthur Britto

Founder

Brad Garlinghouse

CEO

Chris Larsen

Co - Founder and Executive Chairman

Monica Long

President

Eric van Miltenburg

SVP - Strategic Initiatives

Christopher Penney

Co-Founder

Amir Sarhangi

VP of Product

48 past transactions

Hidden Road

Acquisition in 2025
Hidden Road is the global credit network for institutional investors and provides easy access to both traditional and digital markets.

National Cryptocurrency Association

Grant in 2025
The National Cryptocurrency Association's purpose is to bridge the gap between traditional and digital finance by sharing actual stories, delivering clear education, and instilling trust via openness.

MoonPay

Debt Financing in 2025
MoonPay is a financial technology company that offers a payment platform designed to facilitate the conversion between fiat currencies and cryptocurrencies. It enables users to purchase cryptocurrencies and non-fungible tokens (NFTs) through various payment methods, including credit and debit cards, local bank transfers, Apple Pay, and Google Pay. Operating on a non-custodial model, MoonPay does not hold customer funds, allowing users to maintain greater control over their digital assets. The platform serves as a marketplace connecting users with cryptocurrency exchange platforms, ensuring a smooth and efficient transaction experience.

Skyfire Systems

Seed Round in 2024
Skyfire, a financial stack designed to enable autonomous agentic AI commerce, is to establish the first fully autonomous, open agentic AI economy in history.

Girin Labs

Venture Round in 2024
Girin Wallet will soon be available to Web3 users. Simultaneously access the XRP Ledger and the root network with ease.

Standard Custody & Trust

Acquisition in 2024
Standard Custody & Trust Company provides institutional-grade custody and escrow services for digital assets.

Flowdesk

Series B in 2024
Flowdesk is a regulated digital asset trading and technology firm based in France, offering a range of services including market making, over-the-counter trading, and treasury management. As a registered Digital Asset Service Provider, Flowdesk is authorized by the AMF to provide custody, facilitate the purchase and sale of digital assets for legal tender, and enable trading between different digital assets. The company focuses on developing compliant trading and liquidity infrastructure, leveraging expertise from traditional financial markets alongside a deep understanding of algorithmic trading in the cryptocurrency sector. Flowdesk's platform supports both spot and derivatives cryptocurrency markets, providing clients with access to institutional-grade trading infrastructure tailored for exchanges and digital asset projects.

IMMIX

Seed Round in 2023
Immix engages in scaling web3 trading through next-generation technologies.

Fortress Blockchain Technologies

Acquisition in 2023
Embeddable NFT and crypto wallets, token minting engines, payment processing, compliance, royalty escrow, secure IP content vault, qualified custody, and more...all delivered via RESTful APIs. Launch on Fortress to quickly scale and transform the world with your innovations.

Web3 Pro

Venture Round in 2023
Web3 Pro specializes in developing enterprise white-label platforms that enable global brands to execute NFT campaigns efficiently and in alignment with their branding. The platform assists enterprises in strategizing, creating, selling, and distributing NFT-based digital authentic assets. This capability allows brands to engage with their communities, generate new revenue streams, and enhance the sales of physical products. Furthermore, Web3 Pro ensures that companies maintain complete control over their operations, adhere to sustainability practices, and comply with global regulations.

Futureverse

Series A in 2023
Futureverse is a technological and cultural foundation established in 2022, focused on enabling the open metaverse for creators, companies, and communities. The company develops a comprehensive metaverse platform that provides a public decentralized blockchain network, optimized for diverse applications and immersive experiences. Futureverse's offerings include identity management, artificial intelligence, communication protocols, character creation technology, and payment solutions. This integration empowers users to navigate seamlessly across various metaverse applications, facilitating a unified experience where they can manage their identity, communications, finances, and content while engaging with friends and communities.

Bitstamp

Corporate Round in 2023
Bitstamp Limited is a regulated cryptocurrency exchange founded in 2012 and headquartered in London, United Kingdom, with additional offices in Luxembourg and Berkeley, California. The company operates a digital currency marketplace that facilitates the buying, selling, and trading of various cryptocurrencies, including bitcoin, litecoin, ethereum, ripple, and bitcoin cash. Bitstamp is designed to provide a secure, transparent, and reliable platform for both individuals and institutions, enabling users to trade between traditional currencies and cryptocurrencies. The exchange emphasizes user-friendly services to promote trust and ease of access in the rapidly evolving digital currency market.

KeyRock

Series B in 2022
Keyrock is a company that specializes in developing financial infrastructure for crypto assets. Founded in 2017 by Jeremy De Groodt, Juan David Mendieta, and Kevin de Patoul, the firm is headquartered in Woluwe-Saint-Pierre, Belgium. Keyrock employs in-house algorithmic trading bots and high-frequency trading infrastructure to offer market-making and liquidity services, aimed at enhancing the efficiency of cryptocurrency exchanges and brokerages. Its services encompass order book replication, trade execution, and spot execution, all designed to democratize access to cryptocurrency liquidity within the ecosystem.

Thallo

Seed Round in 2022
Thallo plans to build a transparent carbon offset marketplace. By democratizing access to onchain carbon credits issued by trustworthy certification authorities, firms or people committed to offsetting their carbon footprint can freely buy, sell, hold, or retire verified credits. Additionally, Thallo opens up a market that was previously closed to small-scale investors. Thallo was established in 2021 by Joseph Hargreaves in London, England.

Carbon Title

Seed Round in 2022
Carbon Title is a software platform based in Lake Oswego, Oregon, focused on carbon reduction within the real estate industry. It provides a comprehensive, decentralized solution that promotes climate action by offering transparency regarding the carbon emissions associated with buildings. This allows property owners and developers to effectively plan and achieve their net zero goals by making informed, environmentally friendly decisions and mitigating the climate impact of their properties.

Supermojo

Seed Round in 2022
Supermojo is building the embedded customer lending experiences to power the growth of NFTs as a powerful new asset class.

Hex Trust

Series B in 2022
Hex Trust is a fully licensed and insured provider of bank-grade custody solutions for digital assets, established in 2017 and headquartered in Sheung Wan, Hong Kong. The company offers a proprietary platform, Hex Safe™, which delivers a range of services including custody, decentralized finance (DeFi), brokerage, and financing solutions tailored for financial institutions, digital asset organizations, corporate clients, and private individuals. Hex Trust aims to facilitate the integration of digital assets into traditional business models while ensuring a secure, scalable, and compliant custody framework. The firm is registered as a Trust Company under the Hong Kong Trust Ordinance and is licensed to provide custodial services in Singapore, adhering to local regulations. With offices in Hong Kong, Singapore, and Vietnam, Hex Trust is actively expanding its presence in Europe and the Middle East.

Chimoney

Grant in 2022
Chimoney is an online payment platform that facilitates the movement of value between various currencies, ledgers, and protocols. The company provides a robust infrastructure and API, enabling businesses and developers to efficiently manage their payment processes and financial activities. With a focus on simplicity, security, and efficiency, Chimoney allows clients to send and receive cross-border payments using multiple currencies and payment methods. This capability empowers businesses to expand their global payment operations and improve their overall financial performance.

PDAX | Philippine Digital Asset Exchange

Series B in 2022
PDAX is the first order-book based digital currency exchange in The Philippines that enables users to buy, sell, trade and digital assets such as Bitcoin against the Philippine Peso. Its trade matching engine ensures liquidity and globally competitive prices in a market that has historically been too costly for the average Filipino to access. For more information please visit pdax.ph.

Web3 Pro

Funding Round in 2022
Web3 Pro specializes in developing enterprise white-label platforms that enable global brands to execute NFT campaigns efficiently and in alignment with their branding. The platform assists enterprises in strategizing, creating, selling, and distributing NFT-based digital authentic assets. This capability allows brands to engage with their communities, generate new revenue streams, and enhance the sales of physical products. Furthermore, Web3 Pro ensures that companies maintain complete control over their operations, adhere to sustainability practices, and comply with global regulations.

Axiology

Grant in 2022
Axiology provides a tokenized securities depository, leveraging distributed ledger technologies for tokenized sustainable securities.

Hex Trust

Venture Round in 2021
Hex Trust is a fully licensed and insured provider of bank-grade custody solutions for digital assets, established in 2017 and headquartered in Sheung Wan, Hong Kong. The company offers a proprietary platform, Hex Safe™, which delivers a range of services including custody, decentralized finance (DeFi), brokerage, and financing solutions tailored for financial institutions, digital asset organizations, corporate clients, and private individuals. Hex Trust aims to facilitate the integration of digital assets into traditional business models while ensuring a secure, scalable, and compliant custody framework. The firm is registered as a Trust Company under the Hong Kong Trust Ordinance and is licensed to provide custodial services in Singapore, adhering to local regulations. With offices in Hong Kong, Singapore, and Vietnam, Hex Trust is actively expanding its presence in Europe and the Middle East.

PDAX | Philippine Digital Asset Exchange

Venture Round in 2021
PDAX is the first order-book based digital currency exchange in The Philippines that enables users to buy, sell, trade and digital assets such as Bitcoin against the Philippine Peso. Its trade matching engine ensures liquidity and globally competitive prices in a market that has historically been too costly for the average Filipino to access. For more information please visit pdax.ph.

Mintable

Series A in 2021
Mintable is an NFT marketplace that enables users to create, buy, and sell digital items. The platform leverages blockchain technology to facilitate the creation and management of non-fungible tokens (NFTs). It provides a user-friendly environment for both creatives and collectors, allowing them to mint, browse, and trade their NFTs easily. Through its services, Mintable aims to simplify the process of engaging with cryptocurrencies and digital assets, making it accessible for individuals interested in the growing world of NFTs.

Securitize

Series B in 2021
Securitize is modernizing capital markets by enabling digital securities, making it easier for eligible investors to own, manage, and trade digital securities within designated capital markets for equity, funds, fixed income, and real estate. Securitize is the only SEC Registered Transfer Agent integrated with multiple regulated US-based marketplaces with a working protocol and live issuers. The company also offers KYC/AML and capital management services. Securitize, Inc. is not a registered broker-dealer and does not make any endorsement of offerings.

Tranglo

Corporate Round in 2021
Tranglo Sdn Bhd is a Malaysian company specializing in cross-border financial services, operating a global hub for airtime and money transfers. Established in 2008 and headquartered in Kuala Lumpur, Tranglo provides a range of solutions, including gloReload, which allows foreign workers to top-up prepaid mobile accounts in their home countries, and gloTransfer, facilitating real-time international airtime transfers. Additionally, gloRemit serves as a mobile remittance hub, enabling consumers to send money across borders, while gloRequest allows beneficiaries to request airtime from abroad via SMS or USSD. With representatives in South America, Australia, and Canada, Tranglo has processed over USD 1 billion in cross-border transactions, catering to financial institutions, businesses, and consumers globally. The company operates as a subsidiary of TNG FinTech Group Inc.

Yellow

Venture Round in 2021
Yellow is a fintech company dedicated to delivering impactful products and services to rural households through a wide-reaching sales network. The company specializes in the last mile distribution of affordable pay-as-you-go solar home systems, targeting low-income communities. By offering accessible energy solutions, Yellow aims to improve the quality of life for these households, promoting both financial inclusion and sustainable energy use in underserved areas.

Protego Trust Bank

Series A in 2021
Protego Trust Bank is a financial service company that offers regulated crypto services to institutional investors. The company provides clients comprehensive digital asset services including custody, trading, lending, and issuance - all within one vertically integrated partner. Protego Trush Bank was founded in 2017 and is based in Seattle, WA.

Money Tap

Corporate Round in 2020
Money Tap is a planning, development, operation and consulting for various Fintech solutions using blockchain / distributed ledger technology (DLT).

XRP Ledger Foundation

Grant in 2020
XRP Ledger Foundation an independent non-profit, focusing on the growth, innovation, and development of the XRPL and XRP community.

MoneyGram

Post in 2020
MoneyGram is a global payment services company that specializes in online money transfers and peer-to-peer payment solutions. The company offers a range of products, including global money transfers, bill payment services, and various financial paper products. MoneyGram operates through its subsidiary, MoneyGram Payment Systems, Inc., and provides its services in two main segments: Global Funds Transfer and Financial Paper Products. Its money transfer services are accessible via the Internet in several countries, including the United States and the United Kingdom, as well as through agent websites in countries like Italy, Saudi Arabia, and Japan. Additionally, MoneyGram facilitates money transfers through mobile phones, kiosks, ATMs, and direct-to-bank account options in various global markets. The company also expanded its services in 2013 by acquiring Latino Services, enhancing its offerings in the money transfer sector.

Coil

Seed Round in 2019
Coil specializes in providing web content monetization solutions. Its monetization model offers an alternative to the status quo of paid advertisements and selling the public’s attention to the highest bidders. The company was founded in 2018 and is headquartered in San Francisco, California.

Coil

Grant in 2019
Coil specializes in providing web content monetization solutions. Its monetization model offers an alternative to the status quo of paid advertisements and selling the public’s attention to the highest bidders. The company was founded in 2018 and is headquartered in San Francisco, California.

Keyless

Pre Seed Round in 2019
Keyless Technologies Pte Ltd is a Singapore-based company founded in 2018 that specializes in developing a decentralized software platform for authentication and identity management. The company offers a passwordless multi-factor authentication system that utilizes biometric data to verify users while prioritizing privacy by not storing any biometric information. This innovative technology aims to prevent account takeovers and enhance user experience across various devices, allowing users to access their accounts securely and conveniently. By combining secure biometrics with a portable infrastructure, Keyless ensures compliance with global standards and addresses the complexities of online authentication while safeguarding data privacy.

Nium

Series C in 2019
Nium is a payments services company that specializes in cross-border payment solutions. The company provides banks, payment vendors, and businesses with comprehensive payment and card issuance services through its integrated platform, network, and APIs. Nium's offerings include virtual wallets for holding funds, traditional bank transfers for sending and receiving payments, and currency conversion with competitive rates and transparent fees. The company serves a diverse range of industries, including travel, marketplaces, financial institutions, and payroll, enabling businesses to streamline their international payment processes while ensuring secure transactions.

SendFriend

Pre Seed Round in 2018
SendFriend provides global payments-as-a-service to banks/FIs, with a focus on $USD for underserved geographies. Through payment processing, compliance automation, and bank partnerships, SendFriend addresses global de-risking by providing safe access to USD clearing for institutions and regions (LAC, APAC, MENA) which struggle to access the US. Since 2011, active correspondents in the US have fallen from 100 to 65. We bring revenue, deposits, and risk mitigation to our US bank partners while serving this market need with unique knowledge and technology.

Securitize

Series A in 2018
Securitize is modernizing capital markets by enabling digital securities, making it easier for eligible investors to own, manage, and trade digital securities within designated capital markets for equity, funds, fixed income, and real estate. Securitize is the only SEC Registered Transfer Agent integrated with multiple regulated US-based marketplaces with a working protocol and live issuers. The company also offers KYC/AML and capital management services. Securitize, Inc. is not a registered broker-dealer and does not make any endorsement of offerings.

DCEX

Seed Round in 2018
DCEX is a cryptocurrency exchange platform that enables users to securely buy, sell, and trade a variety of digital assets. The platform caters to both novice and experienced traders, providing an intuitive interface along with advanced charting tools to enhance the trading experience. It supports a wide range of cryptocurrencies and offers multiple trading pairs, prioritizing fast transaction processing and low fees to ensure a smooth user experience. DCEX emphasizes the safety of users' funds through features such as two-factor authentication and cold storage for assets. Additionally, the platform promotes liquidity and market efficiency by implementing an industry-standard taker fee schedule and encouraging algorithmic market-making. This makes DCEX a reliable choice for managing a diverse digital asset portfolio.

Coin Center

Seed Round in 2017
Court Innovations develops and implements online negotiation systems for courts and constituents. The company’s online solutions enable its customers to extend their courts to provide online resolution options for litigants charged with relatively-minor offenses; help litigants with outstanding issues to understand their options and navigate the court online without needing to hire an attorney; and more. Court Innovations is based in Ann Arbor, Michigan.

Mirror Contracts

Series A in 2015
Mirror operates an integrated platform that connects investors with underserved markets to facilitate price discovery in traditionally non-transparent ecosystems. Mirror allows its clients to construct security-based swaps that enable them to get long exposure into late-stage private companies, or short exposure to hedge current positions in their portfolio. Established in 2011, Mirror’s clientele is comprised of angel investors, venture capital funds, growth and private equity firms, hedge funds, and other institutional asset managers.

SimpleHoney

Acquisition in 2013
simplehoney's mobile product, I Want Wish Lists, is the evolution of wish list shopping. Everyone has a wish list, whether it is places you want to go or things you want to buy. But none of our lists ever help make our dreams come true. simplehoney's goal is to make your wish lists help you. With I Want Wish Lists, you simply create a list of the products you want to buy and they let you know when it is the right time to buy and where. simplehoney was founded by [Eric Nakagawa](/person/eric-nakagawa) and [Joyce Kim](/person/joyce-kim). Eric is a web developer who previously co-founded [icanhascheezburger.com](/organization/cheezburger-network) and has developed iOS apps focused on Hawaii travel and tourism. Joyce is a recovering corporate attorney and was previously CEO of [soompi.com](/organization/soompi) (acquired by a Korean media company in early 2011). simplehoney is funded by several successful entrepreneurs-turned-angels: Tim Young (Socialcast and about.me), Jameson Hsu and Bob Ippolito (Mochi Media), Ryan Scott (Causecast and NetCreations), Ed Roman (The Middleware Company), Dave McClure (500 Startups) and its own founders, Joyce Kim and Eric Nakagawa. Hiten Shah, Daniel Burka and Jason Hoffman are advisors to the company.

Sentora

Sentora offers an institutional-grade basis for DeFi and RWA solutions.
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