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StarkWare launches a $4M fund supporting African blockchain startups, prioritizing early-stage projects on Starknet to drive crypto adoption and financial inclusion.
StarkWare has launched a $4 million venture fund to support blockchain startups in Africa, aiming to drive crypto adoption across the continent.
Led by entrepreneur and investor Kheireddine Kamal, the fund will focus on early-stage startups, particularly at the pre-seed and seed levels. It will prioritize projects leveraging Starknet, a zero-knowledge rollup designed to scale Ethereum.
Blockchain presents a unique opportunity for many parts of Africa to leapfrog outdated infrastructures and democratize access to financial tools with more decentralization and transparency. And Africa is an exciting mass market that will drive innovation, and showcase what can be achieved with mass scale.
– Eli Ben-Sasson, CEO and co-founder, StarkWare
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