Arrington Capital
Arrington Capital is a digital asset management firm that focuses mainly on blockchain-based capital markets. Founded in 2017 by Michael Arrington, founder of TechCrunch and CrunchBase, and Heather Harde, TechCrunch CEO, the firm has over $1 billion in assets under management and has invested in hundreds of startups around the world. Arrington Capital's first fund was Arrington XRP Capital and has since expanded to multiple funds, including the Arrington Algo Growth Fund and the newly launched Arrington Moonbeam Growth Fund.
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XRP Treasury Company Evernorth's SEC Registration Takes Effect; Plans Nasdaq Listing via SPAC Merger
According to The Block, Evernorth Holdings, an XRP treasury company, announced that its S-4 Registration Statement filed with the U.S. Securities and Exchange Commission (SEC) has officially become effective. The registration covers Evernorth's business combination with SPAC Armada Acquisition Corp. II, after which it is expected to commence trading on Nasdaq under the ticker symbol "XRPN". The S-4 document registers up to 34,499,992 shares of Class A common stock and 11,499,992 warrants. Positioned as a regulated digital asset treasury company, Evernorth focuses on XRP investment exposure and plans to actively deploy capital into XRP infrastructure projects. Its investors include institutional backers such as Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR. The merger is anticipated to close in late Q3 or early Q4 of 2026, pending shareholder approval.
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AI-native blockchain development framework Canopy completes $8.5 million seed funding round, with participation from Fenbushi Capital and others
Canopy, an AI-native blockchain development framework, has announced the completion of an $8.5 million seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The new funds will be used to support its mainnet launch, expand its engineering team, and advance the development of AI-native development tools and the developer experience. The goal is to compress complex decentralized application development into readable code, enabling both developers and AI coding assistants to rapidly generate complete applications. (Crypto News)
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Crypto News
Suspected Arrington Capital address transferred 100,000 COMP to Binance within 4 hours
According to on-chain analyst Ember (@EmberCN), an address suspected to belong to Arrington Capital transferred 100,000 COMP tokens to Binance within the last four hours, worth approximately $2.26 million at the time of transfer. This transaction may have caused COMP’s price to drop roughly 4% over the past four hours—from $22.90 to $22.00.
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Pantera and Other Investors Push Satsuma to Sell $50 Million Bitcoin Reserve
Odaily Odaily Planet Daily reports that investors including Pantera Capital Management are pushing UK Bitcoin reserve company Satsuma to sell its $50 million Bitcoin reserve. In August 2025, Satsuma shifted to an "AI-driven" Bitcoin reserve strategy, successfully raising £164 million (approximately $221 million) through convertible loan notes. The round was led by ParaFi Capital, with participation from Pantera, Digital Currency Group (DCG), Kraken, Arrington Capital, and others.It is reported that Satsuma confirmed that some shareholders have "demanded a return of capital," but did not disclose the specific identities of those shareholders. In an email statement, Satsuma's Executive Chairman Ranald McGregor-Smith said the company is exploring options to facilitate these requests while protecting the interests of all shareholders. (The Block)
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Pantera Capital