FinTech news in Startup Accelerator category

The program will bring four cohorts per year, each consisting of about eight to 12 teams, or about 30 to 50 founders, to New York City from around the world for eight weeks at a time to focus on building on the Bitcoin-centric Lightning Network and Taro protocol, Kelly Brewster, CEO of Wolf, said to journalist. Asset management firm Stone Ridge has launched a startup accelerator, In Wolf Clothing (Wolf), that will be dedicated to growing Bitcoin-focused applications, the team exclusively told journalist. Separately, Taro is a protocol that launched in April of this year to help issue digital assets on Bitcoin’s blockchain that can then be transferred to Lightning Network instantly in low-fee transactions. NYDIG, a subsidiary of Stone Ridge, is also supporting the accelerator, alongside mentorship and investments from Bitcoin-focused venture capital firms and operating companies.