Cryptocurrency wealth management company Bankorus has partnered with JD.com’s blockchain and AI accelerator.
The company has joined the founding cohort of the AI Catapult accelerator which aims to support startups through partnerships with businesses in its retail network.
Bankorus will supply through leadership and resource support to AI Catapult and help startups collaborate with leaders and their network, expertise and experience. The accelerator is open to Chinese and international companies to grow and will offer a place for ‘new players’ to develop ideas in the blockchain and AI industry.
Wealth management app Bankorus empowers consumers to buy and sell their digital assets through a compliant global marketplace. Through the technology, users can also tokenise illiquid assets, borrow cryptos against any assets, gain full asset visibility, and track crypto performance.
Bankorus CEO and co-founder Greg Van den Bergh said, “The decentralization power brought by blockchain has the capability to disrupt industries from finance to agriculture, but while the use-cases for blockchain technology are broad, many blockchain startups are unable to jumpstart their business as the developmental process is riddled with speed bumps.”
Earlier in the week, Bahrain FinTech Bay opened its doors, announcing its 28 founding partners and some of the startups already joining the accelerator. The hub is focused on the Middle East and Afirca and hopes to support the development of FinTechs in the region.
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