Tenity and XDC Network Unveil Blockchain Accelerator Program

Tenity, an innovation ecosystem specializing in nurturing early-stage fintech startups, has joined forces with XDC Network to introduce a pioneering accelerator programme aimed at transforming the colossal US$28 trillion global trade industry.

The newly unveiled 12-week XDC Accelerator Programme is designed to invite startups to conceptualize and develop cutting-edge solutions harnessing XDC Network’s sophisticated blockchain technology.

According to sources familiar with the matter, the initiative is tailored for startups engaged in a spectrum of sectors including Real World Asset Tokenization (RWA), Trade Finance, Decentralized Physical Infrastructure (DePIN), GameFi, AI, Crypto, and Staking.

Participants enrolled in the programme are poised to gain valuable insights through industry mentorship, networking avenues, and the possibility of securing investments up to US$100,000 in grants sans equity requirements to bolster their growth trajectory.

Applications for the highly anticipated XDC Accelerator Programme are now officially open, commencing from 13th May through 14th June 2024.

Per the latest information available, the programme is scheduled to kickstart on 22nd July and culminate with a much-anticipated Demo Day slated to coincide with the Token2049 week. The programme itinerary includes a series of enriching masterclasses and on-site sessions to be conducted in Singapore.

Pioneering Collaboration for Innovation

In a recent statement, Jonas Thuerig, Head of Asia at Tenity, expressed elation over the collaborative venture with XDC Network, highlighting the shared commitment to empower startups to spearhead transformative advancements in trade finance and asset tokenization. Thuerig voiced anticipation for the emergence of groundbreaking ideas and solutions arising from this synergistic partnership.

Meanwhile, Rebecah Dausen, Lead of Ecosystem Development at XDC Network, echoed similar sentiments, underscoring the potential of the XDC Accelerator Programme to serve as a catalyst for startups to translate their blockchain concepts into impactful real-world solutions. Dausen expressed eagerness to witness the innovative projects that would emanate from leveraging the capabilities of the XDC Network.