AngelList Ends Partnership with Ripple’s Rail, Discontinuing Crypto Payment Options
Venture capital platform AngelList has terminated its partnership with Ripple’s B2B payments arm, Rail, effective July 31, removing crypto payment options like USDC and ETH. This decision comes less than a year after Ripple acquired Rail for $200 million as part of an enterprise-focused strategy to streamline stablecoin transactions.
Tickers: $XRP
Topics: crypto enterprise adoption M&A payments