AngelList, the venture capital platform hosting more than 50,000 funds and 800,000 accredited investors, is terminating its partnership with Rail – the B2B payments platform operated by Ripple – effective July 31, 2026, removing all crypto payment options from the platform in the process. The decision is a direct setback for Ripple's enterprise payment ambitions, less than a year after it paid $200 million to acquire Rail.
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AngelList confirmed the move in a formal notice, stating that USDC, USDT, DAI, and ETH will become completely unavailable after the July 31 deadline. Users have been directed to switch to ACH and wire transfers for any upcoming investments to avoid processing delays. Existing investments, account access, and portfolio data are unaffected.
No explanation was given for the decision beyond the wind-down notice itself.
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