Photo credit: Tenity
Singapore-based Tenity has announced the launch of the XRPL Accelerator, the first XRP Ledger (XRPL) accelerator program in Asia Pacific. It aims to support early-stage startups developing blockchain and crypto tech on the XRPL.
The 12-week program starts in August 2023, concluding with a demo day event in November 2023. Participants also have the chance to take part in the Singapore FinTech Festival.
Startups admitted to the program will receive a US$50,000 grant, insights from industry mentors, and access to potential investors and partners. Supported by crypto solutions provider Ripple, the Singapore-based XRPL Accelerator will host the second cohort in a global initiative to advance blockchain and crypto tech. The first cohort will begin in New York in June 2023.
The accelerator seeks innovators from the Asia-Pacific region with a minimum viable product and a business model strategy.
See also: No VC: This one-man startup made S$500k profitably in its 1st year
Note: This article was written with the help of AI. Don’t worry, humans were still involved in producing this story.
Editing by Miguel Cordon and Jaclyn Tiu
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