[AngelList to Cease Supporting Cryptocurrency Investments Starting Late July Due to Third-Party Payment Provider Shutdown] Foresight News reports that, according to an announcement on the official help page of venture capital platform AngelList, the platform will no longer support investment and fundraising using cryptocurrencies starting July 31, 2026. The announcement states that its third-party cryptocurrency payment service provider will cease operations, leading to the suspension of options to complete new investments, fundraising, or rolling fund subscriptions using digital assets such as USDC, USDT, DAI, and ETH across the platform until further notice. Other financing methods, such as ACH transfers and wire transfers, will remain unaffected. The announcement specifies that investments completed on or before July 31, 2026, will not be impacted by this change, and no action is required from users. After this date, users will need to switch to ACH or wire transfer methods for payments. For any outstanding capital commitments originally planned to be funded with cryptocurrencies, AngelList recommends investors transfer the corresponding digital assets into their AngelList accounts by July 30 for safekeeping or switch to completing subsequent contributions via wire transfer or ACH. AngelList stated that it is evaluating the possibility of restoring digital asset financing functionality through a new service provider, but no definitive timeline has been set.
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