October 25, 2023 – MIAMI – Arrington Capital, a thesis-driven firm investing in digital assets and Web3 since 2017, announced today that Colton Conley has joined the investment team as a Principal, bringing experience in quantitative trading as well as that of a Web3 founder. Colton joins Arrington Capital after founding Prime Protocol, the first cross-chain lending protocol that currently supports eight chains with 50 pools available for borrowing and continues to expand in users, chains and borrowing products. Colton has been involved in crypto since 2018 and brings a deep understanding of capital markets and DeFi.
“I am thrilled to be joining the world-class team that has been assembled at Arrington Capital,” said Colton Conley. “The team was incredibly supportive during my time as a founder and I look forward to contributing to the Arrington legacy of investing and supporting in the next wave of web3 innovation.”
Colton was previously a quantitative trader in Global Fixed Income at Citadel and has also previously served as an analyst at JP Morgan Chase and Golden Oak Venture Fund. Colton will continue to be the Executive Chairman for Prime Protocol and support its leadership and the broader Moonbeam ecosystem. He graduated from Yale University with a double major in Statistics & Data Science and Economics, while also involved in Web3 research at the university.
“Despite market challenges, we continue to encounter innovative founders who share our conviction in the transformative power of Web3,” said Michael Arrington, co-founder of Arrington Capital. “Engaging with each of them to delve into complex concepts and fundamental tech is critical in identifying which founders will deliver game changing products in the next cycle. Colton’s distinctive background brings much needed expertise to our expanding team.”
Arrington Capital continues to diversify the talent of the team as the industry expands. In February 2023, the firm appointed Bhavik Patel as its Chief Investment Officer, bringing years of experience in traditional and digital asset trading. More recently, Taryn Naidu joined Arrington Capital as Chief Operating Officer after executive positions across multiple technology-based industries.
Arrington Capital continues to expand its team.
About Arrington Capital
Arrington Capital is a digital asset management firm primarily focused on blockchain-based capital markets. The firm, founded in 2017 by TechCrunch and CrunchBase founder Michael Arrington, TechCrunch CEO Heather Harde and Geoffrey Arone, has invested in hundreds of startups around the world. Arrington Capital is a seasoned, international team composed of Silicon Valley veterans and operators with deep venture capital experience and crypto native roots. Arrington Capital’s first fund was Arrington XRP Capital, and has expanded to multiple funds over time. For more information on Arrington Capital, visit https://www.arringtoncapital.com/.