Mastercard to launch cryptocurrency startup accelerator

Mastercard is launching an accelerator program for crypto startups.

The credit and debit card giant will provide technical and financial assistance to early-stage projects in the space.

Mastercard announced the digital asset-focused start-up incubator Start Path Tuesday, beginning with seven cryptocurrency-based companies. These include the NFT marketplace Mintable, an Israeli crypto custody platform called GK8, and the cryptocurrency service providers Domain Money, Uphold, and Taurus. Others on the list are SupraOracle and STACS.

Mastercard will help companies in the program design products and services that serve both the existing crypto niche and traditional banking customers.

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