# Xpring

> Xpring is a VC fund in San Francisco backing Blockchain and Information Technology. See 20 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 20
- Last investment: Jul 2021
- Lead investor: 35%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/xpring/
- Website: https://xpring.co/

Xpring (pronounced “spring”) is a Ripple initiative that builds infrastructure and helps innovative blockchain projects grow through investments and partnerships. They are strongly focused on projects that build on and utilize XRP and the XRP Ledger.Their objective is to build a robust community of developers, entrepreneurs and companies whobelieve that blockchains, and the XRP Ledger in particular, will transform industries.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$5M |
| Pre-Seed | $565k–$2.2M |
| Series A | $1.5M–$13M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 11 | 55% |
| Information Technology | 9 | 45% |
| Cryptocurrency | 7 | 35% |
| FinTech | 6 | 30% |
| Software | 4 | 20% |

30 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 40% |
| Series A | 4 | 20% |
| Pre-Seed | 3 | 15% |
| Funding Round | 3 | 15% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 9 | 45% |
| United Kingdom | 2 | 10% |
| Canada | 1 | 5% |
| Sweden | 1 | 5% |
| Gibraltar | 1 | 5% |

7 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Puma Browser | Puma is a mobile browser and wallet for the Web3 ecosystem. Private by design. Today, we enable native IPFS, HNS & ENS support and seamless payments for creators, app & game developers via Coil and ILP. Long Term, our goal is to give 1b people access to the peer-to-peer and ownership based economy. |  | Seed | Jul 25, 2021 |  |
| XRPL Labs | Interact with the XRP ledger from your smartphone (iOS / Android). Sign transactions and keep your XRP safe by allowing 3rd party applications to send Sign Requests to your mobile device. DEX and MultiSign support. |  | Seed | Aug 06, 2020 |  |
| Securitize | 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-basedmarketplaces 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. | $12.8M | Series A | Jul 12, 2020 |  |
| Flare Network | Flare Networks is a new blockchain network based on the Flare Consensus Protocol – the first Turing Complete Federated Byzantine Agreement protocol. |  |  | Nov 06, 2019 |  |
| Flare Network | Flare Networks is a new blockchain network based on the Flare Consensus Protocol – the first Turing Complete Federated Byzantine Agreement protocol. |  | Seed | Nov 06, 2019 |  |
| Towo Labs | Simplifying digital asset self-custody. |  | Pre-Seed | Oct 16, 2019 |  |
| Vega Protocol | Vega is a technology protocol and crypto-asset for an open, blockchain-backed public network for fully automated end-to-end financial product trading and execution. Fully automated processes and incentives for trading margined financial products allow for markets that are open and decentralized, with pseudonymous participants. The platform of thecompany provides open and fair markets in which fees are shared by market makers, not owners, and governance decisions are made by the community, allowing financial institutions to open access, reduce costs, and enable a new wave of financial market innovation. | $5M | Seed | Oct 02, 2019 |  |
| Coinme | Coinme operates the largest licensed cryptocurrency cash exchange in the U.S. Founded in 2014 with the simple belief that buying digital currencies should be easy and accessible to everyone, today Coinme powers thousands of physical locations in 48 states to buy and sell bitcoin using cash through partnerships with Coinstar and MoneyGram. Thecompany offers an enterprise-grade API helping to “crypto-enable” legacy financial systems and a vertically integrated suite of consumer products that provide an easy and secure way to buy, sell, store and manage digital currencies. For more information, visit www.coinme.com. | $1.5M | Series A | Sep 12, 2019 |  |
| NEAR Protocol | NEAR Protocol is a scalable blockchain designed to provide the performance and user experience necessary to bridge the gap to mainstream adoption of decentralized applications. Unlike other next generation blockchains, this network has been built from the ground up to be the easiest in the world for both developers and their end users while stillproviding the scalability necessary to serve those users. | $12.1M | Series A | Jul 10, 2019 |  |
| NEAR | NEAR is decentralized storage and compute platform that is secure enough to manage high-value assets like money or identity. NEAR is a scalable smart contract platform that supports decentralized applications of almost any kind. Leverage an ecosystem of components backed by cutting edge technology.NEAR was founded in 2017 and is headquartered inCalifornia. | $12.1M | Series A | Jul 10, 2019 |  |

10 of 20 investments shown.

## Co-investors
- [gumi Cryptos Capital (gCC)](https://shizune.co/investors/profile/gumi-cryptos) — VC Fund, 4 deals together
- [Lemniscap](https://shizune.co/investors/profile/lemniscap) — VC Fund, 4 deals together
- [MetaStable Capital](https://shizune.co/investors/profile/metastable-capital) — VC Fund, 4 deals together
- [Arrington XRP Capital](https://shizune.co/investors/profile/arrington-xrp-capital) — VC Fund, 3 deals together
- [Greenfield](https://shizune.co/investors/profile/greenfield-one) — VC Fund, 3 deals together
- [IOSG Ventures](https://shizune.co/investors/profile/iosg-ventures) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Eden Block](https://shizune.co/investors/profile/eden-block) — VC Fund
- [Wave Digital Assets](https://shizune.co/investors/profile/wave-digital-assets) — VC Fund
- [Greenfield](https://shizune.co/investors/profile/greenfield-one) — VC Fund

## Featured in investor lists
- [All Investors in Gibraltar](https://shizune.co/investors/investors-gibraltar)
- [All VC Funds in Gibraltar](https://shizune.co/investors/vc-funds-gibraltar)
- [Cryptocurrency VC Funds in Switzerland](https://shizune.co/investors/cryptocurrency-vc-funds-switzerland)
- [FinTech Investors in Gibraltar](https://shizune.co/investors/fintech-investors-gibraltar)
- [FinTech VC Funds in Gibraltar](https://shizune.co/investors/fintech-vc-funds-gibraltar)
- [Mobile Apps Investors in Sweden](https://shizune.co/investors/mobile-apps-investors-sweden)

## FAQ

### What does Xpring invest in?

Xpring invests primarily in Blockchain, Information Technology and Cryptocurrency startups, most often at Seed and Series A stage. Most of the 20 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Xpring's check size?

Xpring typically joins rounds of $1M–$5M at Seed, $565k–$2.2M at Pre-Seed and $1.5M–$13M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Xpring participates in.

### When did Xpring last invest?

The most recent investment recorded for Xpring closed in Jul 2021. Shizune tracks 20 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
