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Y Combinator increases investment in crypto entrepreneurs, with 30 crypto startups selected for the new accelerator program

2022-09-08 12:30:36

According to Chain Catcher news, as reported by Inside Bitcoins, 30 cryptocurrency startups have been selected for the latest batch of the Y Combinator accelerator program, mainly involving DeFi solutions (8 companies) and the crypto derivatives sector, up from the previous 25, indicating that Y Combinator is increasing its investment in crypto entrepreneurs.

In addition, the proportion of cryptocurrency companies participating in the Y Combinator accelerator program has rapidly increased over the past few months. This summer, the proportion of crypto companies among the Y Combinator incubated companies reached 13%, while in the previous W22 YC accelerator program, the proportion of crypto companies was only 6%. (Source link)

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