Boldstart Founder Launches Hyperledger Fabric's First Blockchain Accelerator
The founder of VC firm Boldstart Ventures is launching the first accelerator dedicated exclusively to startups building on the Hyperledger Fabric blockchain.
With previous exits that include a $120 million deal with Google, investor Ed Sim today announced Fabric Foundry – a project that finds him emerging as the latest in a line of tenured investors to express confidence in blockchain technology.
But the accelerator can also be seen as part of a more specific and recent trend: As an increasing number of open-source blockchains go online, institutional funds are proving essential to jump-starting development.
In conversation with CoinDesk, Sim positioned the accelerator as a potential pipeline that could feed Fortune 1000 enterprises hoping to capitalize on the increased efficiency of using shared, distributed ledgers.