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News Explorer — Billionaire Tim Draper Launches Crypto Accelerator

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Sep 21, 7:53 pm

Decrypt

Billionaire Tim Draper Launches Crypto Accelerator

Billionaire investor Tim Draper has launched a new crypto venture studio called Draper Goren Blockchain (DGB) with a focus on accelerating DeFi innovations, layer-2 network scaling solutions, and consumer apps. The studio plans to work with each company for the next 10 years, investing between $25,000-$100,000 in pre-seed startups. Despite regulatory challenges in the US, Draper Goren Blockchain aims to boost mainstream crypto adoption and improve the user experience.

Billionaire investor Tim Draper has launched a new crypto venture studio called Draper Goren Blockchain (DGB) with a focus on accelerating DeFi innovations, layer-2 network scaling solutions, and consumer apps. The studio plans to work with each company for the next 10 years, investing between $25,000-$100,000 in pre-seed startups. Despite regulatory challenges in the US, Draper Goren Blockchain aims to boost mainstream crypto adoption and improve the user experience.

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