Y Combinator and Base Partnership: What to Know
What is this new Y Combinator initiative?
Y Combinator (YC), the famous startup accelerator, has just launched a new funding initiative with Base and Coinbase Ventures. The initiative is called the Fintech 3.0 program designed to support on-chain startups developing blockchain-based financial systems. The goal appears to be democratizing access to the funding required to build their products.
Why is regulatory clarity important for this initiative?
They emphasize the importance of regulatory clarity, which they believe is key for new entrants. This could mean easing the way for new players to enter the crypto market. Reducing some of the barriers could help encourage a more open environment for founders to emerge.
