Ripple Xpring, Bain Capital Invest in Early-Stage Blockchain VC Firm Robot Ventures

Ripple Xpring and Bain Capital have invested in Robot Ventures, an early-stage blockchain venture capital firm.

Ripple’s developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital (VC) firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10.

Leshner, who also founded Ethereum-based financial open-source protocol Compound, has already completed two investments within its new venture capital initiative.

Targeting fintech and product strategy disruptors, Robot Ventures invested in crypto mining firm Coinmine and Point, a startup developing new debit card solutions. As Leshner told Cointelegraph, both investments were completed in Q1 2019.

Leshner declined to reveal any additional information regarding the financial details of the investment by Ripple Xpring and Bain Capital.

Leshner introduced the Compound…

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2019-04-10 20:56:00

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Written by Cointelegraph

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