Tim Lewkow, the integration engineering manager, and Eli Lang, the creative director, who were previously working for Ripple, are seeking funds to invest into Fractal Investments, a crypto-asset fund, accoring to filings to the U.S. Securities and Exchange Commission (SEC) from 25 and 26 of January, 2018.
The filings are concerned with two branches, Fractal: Virtual Currency Investment Fund I LP and Fractal: Private Investment Fund LP, both of which are incorporated in Delaware, but there is no information regarding the amount of money which is planned to be raised and invested.
Fractal company invests into cryptographic digital assets, and, as it is stated on the official website of the company, its vision is that new blockchain assets are being developed to address new use cases and niches, and these assets have enormous utility to drive economic growth and modernization of financial systems.
At the moment of press, these are main market parameters of Ripple:
Average price: $1,24
Marketcap: $48 197 691 920
24h volume: $815 491 000