Ribbit Capital’s $TIBBIR
Who launched it?
Micky Malka is an early investor in companies like CoinBase and RobinhoodApp. He is the Founder of Ribbit Capital, a $12B+ asset management firm. A detailed thread is by @Altcoinist_com. How do I know it's by Ribbit Capital? Reverse the ticker $TIBBIR and you get RIBBIT.
If you are looking to invest in the virtual ecosystem, consider $TIBBIR. Micky is also an early BTC holder and has resources to back $TIBBIR.
What does it do?
The use case of $TIBBIR is currently unclear. Tweets from @ribbita2012 suggest: “By working together, we can create a new coin that not only combines traditional fintech and emerging crypto trends but also taps into Robinhood's vast user base and expertise in the space.” This and other tweets suggest potential ties between Ribbit Capital and Robinhood.
Recently, Micky Malka's wallet purchased #9098 CryptoPunk for 89 ETH (approximately $338,499 at the time of writing). On August 16, 2025, Micky's Twitter bot also distributed NFTs to holders who held before a rumored cutoff date of July 28, 2025. Source tweet: @ribbita2012 tweet. It suggests the project will keep evolving with time. The CryptoPunk purchase was on July 29, 2025.
I discovered that CoinBase is also hinting at a $TIBBIR launch: @wasiqonx CoinBase hint.
Several big fintech startups are being mentioned in this context: Capital Float, ChipperCash, Razorpay.
Capital Float mentioned tweet: @wasiqonx on Capital Float
ChipperCash mentioned tweet: @wasiqonx on ChipperCash
Razorpay mentioned alongside these names in broader discussions.
TOKEN CONCENTRATION ANALYSIS: @wasiqonx concentration breakdown
Opinion: It appears to be in active development. They may be planning something new, but specifics remain unknown.
Why invest in $TIBBIR?
SEC filings show 102,183 Robinhood shares (worth approximately $5.1M) were sent to a trust named Tibbir Trust, indicating involvement by Micky Malka.
Before launch, Ribbit Capital sponsored an AI hackathon titled “Hacking for Agentic Finance.”
Proofs:
Robinhood Investor Relations filing
These show a new trust named Tibbir Trust, created shortly before $TIBBIR launched, likely connected.
3 possible future scenarios:
1) Tokenized VC fund: $TIBBIR might represent exposure to Ribbit’s portfolio or future profits, enabling public participation in a VC-like structure on-chain.
2) AI agent coordination layer: Ribbita AI as a network of autonomous financial agents, with $TIBBIR used to stake, access data, and coordinate agent behavior.
3) On-chain governance: $TIBBIR as a governance token for a fully on-chain Ribbit or Tibbir protocol, covering fundraising, user bootstrapping, and policy-setting.
It may be a blend of these models.
Why Base?
Micky invested in Coinbase; using Coinbase’s Base chain is logical.
Why Virtuals?
Virtuals is a frontend for deploying AI agents with tokens on Base, enabling a lean launch without paid ads, influencers, or airdrops. Hints were placed online as reverse market psychology.
Resources: