Keyrock, a digital asset market maker has partnered with Tenity, a global incubator for fintech, to launch an acceleration program for web3 startups.
The program is open for applications from both fintech and web3 startups. It will conclude with a Demo Day event in December 2023 where startups will compete for up to €100k investments from Keyrock.
“Keyrock exists to empower tokenised economies. For the last five years, we have worked closely with partners at all stages of their development to increase the utility brought by digital assets to end users,” said Kevin de Patoul, CEO and co-founder of Keyrock.
“The next logical step is to support them at the very beginning, to ensure the best players have all the support they need to maximise their chances of success. We are very excited to partner with Tenity and keen to put Brussels at the center of digital assets innovation, at a time when the EU is positioning itself as a leader with the MiCA framework.”
The Accelerator Program’s mission is to equip startups, particularly web3-natives, with the essential tools to flourish. Why? Because this industry does not have the same standard of investors, infrastructure, and funding as other industries do. Fintech native innovators will get a unique insight into what the world of Web3 can offer. This is in addition to understanding how companies operating on the edge of both sectors can maximise their opportunities.
Creating future innovators
The four-month program is now open for applications and is set to begin in early September 2023 in Belgium. During the program, startups will benefit from a well-structured program, including masterclasses facilitated by industry experts, personal coaching and mentorship. From tech prototyping and scaling to finance, sales, and marketing. Keyrock and Tentity will also open up their network of global partners to help startups build relevant connections beyond their respective industries.
“I am incredibly excited about this partnership between Keyrock and Tenity, particularly as Keyrock was a part of the Tenity program in 2020. This collaboration is a testament to our shared commitment to nurturing the next generation of innovators, and I am confident that together, we will make a lasting impact on the web3 and fintech landscape.” said Marc Hauser, head of Tenity Switzerland.
Keyrock and Tenity will identify and admit web3 and fintech startups to the program with a focus on core technology areas such as financial infrastructure, decentralised finance, asset tokenisation and data tooling.