AngelList to end crypto investment funding support on July 31, 2026

The venture platform will stop accepting USDC, USDT, DAI and ETH for new investment funding as it ends its Rail partnership, while ACH and wire transfers remain available.

ETH
USDT
XRP

Summary

AngelList will stop supporting crypto payments for investment funding from July 31, 2026, ending the use of USDC, USDT, DAI and ETH for upcoming investments as it terminates its partnership with Rail, the Ripple-operated payments platform. Users have been directed to switch to ACH or wire transfers before the deadline to avoid processing delays, while existing investments, account access and portfolio data remain unaffected. The move is a setback for Ripple’s enterprise payments strategy less than a year after it paid $200 million to acquire Toronto-based Rail in August 2025. Rail was designed to help businesses process stablecoin payments across fiat currencies without requiring dedicated crypto wallets or exchange integrations, offering a way for institutional users to move funds through digital assets within existing workflows. AngelList did not give a reason beyond the wind-down notice. The decision comes even as Ripple has recently expanded elsewhere, securing a European regulatory license in early July 2026 and seeing Clearstream add XRP and other tokens to its custody offering days earlier, underscoring that enterprise crypto adoption remains uneven across payment and investment infrastructure.

Terms & Concepts
  • stablecoin: Crypto token designed to maintain a stable value, typically by tracking a fiat currency.
  • ACH: U.S. electronic bank-transfer network used for domestic payments.
  • custody offering: A service that safeguards clients’ assets and handles their storage and administration.