Share this article
Tim Draper Buys 2.5% of Aragon Tokens, Becomes Governance Whale
Venture capitalist Tim Draper now controls about 2.5 percent of ANT, the token behind Aragon Network’s digital court system.
By Danny Nelson
Updated Sep 13, 2021, 12:19 p.m. Published Feb 19, 2020, 5:00 p.m.
Venture capitalist Tim Draper has taken a 1 million ANT stake (worth about $760,000 at press time) in Aragon, a decentralized governance project that began on ethereum.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The move, disclosed in a press release Wednesday, gives Draper control of about 2.5 percent of Aragon’s total token supply. Draper is a long-time crypto evangelist and serial project backer.
The Switzerland-based Aragon Association is attempting to build a digital judicial system for decentralized autonomous organizations (DAOs) and its own Aragon network. Any ANT holder with 1,000 tokens can participate in “Aragon Court,” which went into session for the first time on Feb. 10 with a controversial mock trial of ethereum classic dev Yaz Khoury.
Aragon Association Executive Director Luis Cuende said Draper came on board after seeing the Aragon court go live.
“I think the recent launch of Aragon Court and the realization that Aragon can be to governance what bitcoin is to money” prompted Draper to join, Cuende said.
Draper did not immediately respond to requests for comment.
Draper’s eponymous VC firm had previously invested in Cuende’s email immutability startup Stampery. Cuende said that relationship helped Draper get involved Aragon.
Draper will also sit on Aragon’s advisory board, according to Cuende.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
DOT Sinks 2% After Breaking Key Support
The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.
What to know:
- DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
- The token broke decisively below the support level to trade 2% lower over the last 24 hours.
Top Stories
