Outlier Ventures Partners with Singularity Finance for RWA

November 12, 2024

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Outlier Ventures Partners with Singularity Finance for RWA

Outlier Ventures and Singularity Finance have partnered to introduce the RWA Base Camp Accelerator, a targeted initiative to help new companies within the real-world belongings (RWA) area.

For the 12-week accelerator, chosen startups will obtain $100,000 in funding and entry knowledgeable steering from Outlier Ventures on essential domains reminiscent of authorized frameworks, token design, community-building methods, tokenomics, fundraising, pitch refinement, and workshops.

This collaboration follows Outlier Ventures’ latest partnership with SingularityDAO to assist the AI x Crypto Base Camp accelerator program, one other initiative geared toward offering rising AI and blockchain startups with sources and experience.

This expanded relationship with Singularity Finance aligns with a bigger imaginative and prescient: to drive progress in sectors the place blockchain know-how and conventional finance converge.

SingularityDAO’s October announcement of a merger with Cogito Finance and SelfKey, consolidating their tokens below Singularity Finance (SFI), additional demonstrates this ambition by creating unified, tokenizing belongings and AI-focused Layer-2 ecosystem inside the broader blockchain panorama.

Tokenizing real-world belongings has broader implications than merely bridging crypto and conventional finance—it represents a possible transformation throughout a number of industries.

Outlier Ventures just lately revealed a thesis exploring the impacts of RWA tokenization, projecting that blockchain-based belongings will reshape varied sectors by enhancing liquidity, transparency, and accessibility. This motion helps Outlier Ventures’ imaginative and prescient of blockchain as a basis for a extra environment friendly, interconnected monetary system.

Benjamin Meyer, Chief Progress Officer at Outlier Ventures, highlighted the partnership’s worth: “We’re thrilled to increase our strategic partnership with Singularity Finance to assist Outlier Ventures’ RWA Base Camp cohort. Via our mixed experience and community, we’ll assist founders scale successfully and make significant contributions to the RWA ecosystem.”

Cloris Chen, CEO of Singularity Finance, underscored the potential for progress, noting that with Outlier Ventures’ intensive Web3 expertise, Singularity’s Layer-2 community may grow to be a primary platform for high-quality tasks within the blockchain area.

The RWA Base Camp program, now closed to new purposes, runs till January 2025. Members will current their progress and contributions to the RWA ecosystem at a digital Demo Day.