
Ripple Invests in $40M Fund to Support Decentralized Infrastructure
Ripple, the San Francisco-based blockchain company, has announced that it has led a $40 million investment in a new fund focused on decentralized infrastructure. The fund, called Dispersion Capital, will invest in early-stage companies that are building decentralized infrastructure, such as decentralized finance (DeFi) platforms, decentralized exchanges (DEXes), and decentralized storage solutions. Dispersion Capital is led by Patrick Chang, who previously worked at Samsung Next, where he led the company’s blockchain investments. Chang said that he believes that decentralized infrastructure is the future of the Internet and that Dispersion Capital is committed to supporting the companies that are building it.