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Home»Regulation»Outlier Ventures Teams Up with Celo and Defactor for RWA Base Camp Accelerator
Regulation

Outlier Ventures Teams Up with Celo and Defactor for RWA Base Camp Accelerator

NBTCBy NBTC04/05/2024No Comments3 Mins Read
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Outlier Ventures, the global leader in Web3 Acceleration, is proud to announce its strategic partnership with two industry powerhouses, the Celo ecosystem and Defactor, to support the Real World Assets (RWA) Base Camp accelerator program. This collaboration underscores the commitment to driving innovation in tokenized real-world assets (RWA) and empowering startups in this transformative space.

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The RWA Base Camp, in collaboration with the Celo ecosystem, will provide tailored support to startups building the infrastructure, applications, and products necessary for mainstream adoption of tokenized real-world assets across various industries. The 12-week virtual accelerator program will offer workshops, mentorship sessions, and access to industry experts from Outlier Ventures, the Celo community, and Defactor.

Celo Foundation’s team of experts will provide customized support to startups, focusing on financial assets, infrastructure, intangible assets, and physical assets. With over 1 million monthly active users and a diverse range of stablecoins and real-world use cases, the Celo ecosystem brings invaluable expertise to the program.

Defactor, a leading player in RWA tokenization, will offer mentorship and conduct specialized workshops to equip startups with the tools and knowledge needed to thrive in the RWA ecosystem. Additionally, each participating team will receive free access to Defactor’s RWA toolkit for one year.

Katie Lundie, Outlier Ventures’ RWA Accelerator Lead, said “At Outlier Ventures, we recognise the huge potential tokenised Real World Assets will have and are committed to supporting new innovators facilitating the integration of this technology into the traditional economy.
“We are thrilled to bring on board two incredible partners with support from the Celo ecosystem and Defactor. We have already seen a huge amount of interest in the program and with these partners on board we’ll be able to give the founders an ideal platform to set them up for success during the program and beyond.”

Katie Lundie, Outlier Ventures’ RWA Accelerator Lead
“From stablecoins to on-chain lending, tokenized carbon credits, and nature-backed assets, the Celo ecosystem is a hub for RWA innovation,” said Isha Varshney, Head of Ecosystem at the Celo Foundation.

“We’re excited to partner with Outlier Ventures, an industry leader, on the launch of this accelerator program led by the Celo community and ecosystem. Furthering the growth of real-world solutions on Celo will be instrumental for bolstering Web3 adoption and platforming greater and more equitable financial access for communities around the world.”

Adam Bouktila, Co-founder, Defactor, said: We’re thrilled to be a part of this exciting program and are committed to supporting new innovative projects as they come through the base camp. We’ve been building the technology and framework to enable more projects to enter the RWA ecosystem and bring more utility to their communities. We like to say we’re building the picks & shovels of the RWA ecosystem!”

Applications for the RWA Base Camp program are open until May 6th, with the program commencing in mid-May 2024. For more information and to apply, visit the official website. Join us on this journey to redefine the future of tokenized real-world assets!

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