VC Fund Advisor Said XRP Was Worth Nothing, but I Was Determined to Bring DeFi to XRP — Flare Founder

25-May-2026 The Crypto Basic

VC Fund Advisor Said XRP Was Worth Nothing, but I Was Determined to Bring DeFi to XRP — Flare Founder

XRP ecosystem builder Hugo Philion recently revealed one of the harshest moments during Flare’s early development. He said a venture capital fund advisor dismissed both XRP and the idea of DeFi on the network.

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