u.today
Recently published press-release says that Mastercard global behemoth has launched its Start Path program that will help startups working with cryptocurrencies and blockchain technology to create market places for NFTs, launch new digital assets, etc, by providing them with assess to new partnerships, tools and other benefits.
*Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups$MA
— *Walter Bloomberg (@DeItaone) July 27, 2021
Mastercard to support cryptocurrency companies
Seven companies have joined the engagement program launched by Mastercard – Uphold, Taurus, STACS, Mintable, and others.
Together with the payments behemoth they will work on introducing further innovations in the world of digital assets and make it easy for both retail and institutional investors to buy, store and spend crypto and other digital assets.
One of the aforementioned companies, Mintable (located in Singapore) is a marketplace for creating, buying and selling NFTs (non-fungible tokens) and other DLT-based assets, like digital collectibles, music, etc.
GK8 (based in Israel), also on the list, offers services of an end-to-end custody platform for financial institutions where anyone can self-manage their digital assets.
What issues this program will help to solve
The goal of the program is to tackle such snags that crypto startups often hit as data accuracy, tokenization, easy transition from the conventional to digital economy, etc.