CrossCoin Ventures owns the Accelerator, and manages it at arm’s length with support from Ripple Labs. CrossCoin Ventures is owned by its four partners.
CrossCoin Ventures, LLC will be the actual investor. Ripple Labs will own no equity to avoid any potential conflicts of interest.
Any and all, if it helps! In addition to office space, we find that the main areas are technical, recruitment, regulatory, marketing, UI / UX design, and financing.
No. Ripple Labs does not own any equity in CrossCoin Ventures. Ripple Labs has no control of what companies CrossCoin Ventures invests in. Ripple Labs has no equity in any of the CrossCoin Ventures companies.
CrossCoin Ventures is running the Accelerator under an arm’s length relationship with support from Ripple Labs. However, Ripple Labs does not own any equity in CrossCoin Ventures, nor does Ripple Labs own any equity in the CrossCoin companies.