It was announced yesterday that smart contract platform Agoric received an investment from Ripple incubator Xpring. Agoric is developing a secure distributed ocap platform for smart contracts and market-oriented programming. The platform supports the development of smart contracts and market institutions across many different scales, from large public blockchains to small two-party contracts.
The Agoric team includes Mark S. Miller, a smart contracts expert and leader, Dean Tribble, Mike Jablon, Kate Sills, and Brian Warner. The experienced Agoric team has been deeply involved in the development of smart contracts, from initial discussions in the early 90s to Brian Warner’s involvement in the prescient Least Authority security audit of Ethereum. Realizing that a world of smart contracts would not be possible without better software, the Agoric team has been actively creating the right environment for crypto-commerce.
This is the sixth publicly known investment so far this year for Ripple incubator Xpring, the first three coming back in February with the announcements of investment in Dharma, Interledger solutions provider Kava, and Wietse Wind’s XRPL Labs. Xpring also invested in Forte back in March, and most recently Bolt Labs.