Arrington Capital, a digital asset management firm in blockchain-based capital markets, today announced it has launched a new $100 million USD fund to support initiatives building on Algorand, a leading blockchain accelerating the convergence of decentralized and traditional finance. The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which has seen significant growth and adoption recently across DeFi (decentralized finance), traditional finance, the public sector, NFT space and more.