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Singapore venture capital firm to launch blockchain accelerator for startups

"SINGAPORE venture capital firm Trive Ventures, formerly known as Tri5 Ventures, has unveiled a blockchain accelerator aimed at later-stage startups, with the backing of a government agency here.

Its six-month Tribe Accelerator programme will emphasise product development and the mass adoption of blockchain, with decentralised applications or back-end digital solutions that tap distributed ledger technology, said the South-east Asia-focused investor on Tuesday.

Eight startups will be picked for the initial cohort, with the incubation programme to kick off in the first quarter of 2019. Partners include government body Enterprise Singapore, PricewaterhouseCoopers (PwC) Singapore's Venture Hub and South Korean blockchain network Icon Foundation."

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