Singapore firm to launch blockchain accelerator for startups

Singapore

SINGAPORE venture capital firm Trive Ventures, formerly known as Tri5 Ventures, has unveiled a blockchain accelerator aimed at later-stage start-ups, 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.