Stablecoins are spreading in finance, and @RailFinancial built the bullet train. Their infrastructure now powers ~10% of all business-to-business (b2b) stablecoin volume. Following Stripe's recent moves with stablecoins, @Ripple is acquiring Rail for $200M to become the default for b2b stablecoin payments. Congrats to @Bhanu, Tarun and team for their relentless execution. True definition of entrepreneurs who “ate glass and stared into the abyss”.

Stablecoins are spreading in finance, and @Rail built the bullet train. Their infrastructure now powers ~10% of all business-to-business (b2b) stablecoin volume. Following @Stripe’s recent moves with stablecoins, @Ripple is acquiring @Rail for $200M to become the default for b2b stablecoin payments. Congrats to @Bhanu, @Tarun and team for their relentless execution. True definition of entrepreneurs who “ate glass and stared into the abyss”.

Stablecoin payments are everywhere – for good reason! When we met the @RailFinancial team, we knew their product capabilities would complement what Ripple Payments already offers. Together, we’re taking the complexity out of stablecoin-based payments for any financial institution’s needs. We’ll have capabilities such as stablecoin pay-ins/pay-outs including USD without requiring customers to hold crypto or manage accounts themselves, not to mention a broad and deep global network, market-leading liquidity and more.  Welcome Rail!

Ripple to Acquire Rail for $200M, Expanding Leadership in Stablecoin Payments

If you're a founder with an open round and strong lead investor, please get in touch with me. AngelList is interested in knocking out the predatory secondary market for startup shares and we have several projects underway.

We’re upgrading our cap table product to integrate RUVs and Consolidation Vehicles (CVs) at the atomic level. We believe these vehicles are important enough to be a fundamental component of cap tables, and founders tell us they are critical for fast financings and acquisitions. Current customers can upgrade to the new cap table and we will discount based on new pricing. If they choose to stay on the existing version, everything will continue working as before, with no changes in software, support, or pricing. The new cap table will be the only option for new customers; we think cap tables without these vehicles are incomplete and too slow to execute the most important startups transactions. If current customers prefer to move to another provider—since we’re no longer building new features for the existing version—we have a partnership with J.P. Morgan, which offers great pricing and automated migrations through their Workplace Solutions business. I also recommend Pulley. We have a simple transition experience and white glove team to support a transition to any provider. Standalone RUVs and CVs are not affected in any way and continue to work with any cap table provider. Our standalone CV, launched last week to help startups consolidate existing investors on their cap table, has already helped a large AI company roll up $20M+ of investments into a single line. Please don’t hesitate to contact me if you have any questions.

We’re seeing a lot of success with channel partners by finding what they hate doing and easing that pain. Law firms hate dealing with cumbersome fund subscription motions—so, they’ve emerged as ideal partners for our Investor Management software. This reduces tedious work for the lawyers and delights their customers. Find the pain, find the partnership.

Every day is game day when you're a CEO.

The default state for most companies and people is rest—you need to relentlessly generate movement and momentum. This most frequently falls on the CEO, but the more people you have generating force, the faster momentum compounds.

If you’re an A-player, surround yourself with other A-players—do not compromise one inch.