AngelList Terminates $200M Rail Partnership Effective July 31, Ending Crypto Payments

ETH-3.46%
On July 8, AngelList, the venture capital platform hosting 50,000+ funds and 800,000 accredited investors, announced it will terminate its partnership with Rail—Ripple's B2B payments platform—effective July 31, 2026, removing all crypto payment options. USDC, USDT, DAI, and ETH will become unavailable on the platform after the deadline, and users have been directed to switch to ACH and wire transfers for investments. Rail was acquired by Ripple in August 2025 for $200 million as part of a broader enterprise payments expansion.
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