Three Crypto Startups Accepted onto Singapore's FinTech Accelerator
Three crypto startups have been selected to join Startupbootcamp (SBC), Singapore's FinTech accelerator program.
SBC will give each of the participating startups approximately $18,000 in funding, free office space, mentorship and access to a network of angel investors and global venture capitalists such as DBS Bank, Mastercard and Route 66 Ventures in return for 8% in equity.
The Southeast Asian state, a global financial hub, is seemingly embracing digital currency startups.
In January, Singapore's government sponsored CoinPip, a bitcoin startup, to represent the country at the annual South by Southwest (SXSW) cultural and conference festival which takes place in the US in March.
Singapore image via Shutterstock.
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