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Singapore
Programs

Six Innovative RWA and DeFi startups Graduate from the IOTA Tenity RWA Accelerator.

October 17, 2024

The six startups, from Singapore, Germany, United Arab Emirates and Estonia working with solutions on Digital Product Passport, Traceability of Commodities, Fraud Prevention with Education Certs and more, had undergone three intense masterclass weeks as part of the IOTA Tenity RWA Accelerator cohort before culminating their journey at the Demo Day held on the 17th of September 2024. Selected by both IOTA and Tenity, these projects are perceived to have strong potential and benefit to deploy on IOTA EVM, the fully Ethereum Virtual Machine-compatible Layer 2 solution for the IOTA distributed ledger technology network.

Within the three masterclass weeks, the program had provided the startups with insights on Web3-specific go-to-market strategies, tokenomics, crypto security, community-building strategies and more. Mentors and industry experts on these respective fields have been sourced to ensure that the most authentic and relevant insights are disseminated to the selected six. Not to mention, startups have also gained direct consultation access with both the IOTA Ecosystem DLT Foundation and Tenity team throughout their journey.  

The program officially closes as startups pitch their pioneering and sustainable solutions for the RWA and DeFi space to a crowd of investors, Web 3 enthusiasts, partners and more on the IOTA RWA Demo Day.  

Here are the startups:  

Qiro Finance  

Qiro Finance is an enterprise grade underwriting infrastructure for RWA lending protocols.  

The Real Lifestyle  

The Real Lifestyle provides a seamless, borderless and accessible experience to Real World Assets globally via an end-to-end platform, starting with Real Estate.

InvoiceMate  

InvoiceMate is a new DeFi primitive that offers stable and secure yields backed by real world revenue, thus connecting real world businesses with DeFi investors

BlackFrog

BlackFrog tokenizes mineral commodities and delivers yields on these commodities within the DeFi ecosystem.

Auvo Digital

Auvo Digital prevents document fraud by providing verifiable identities and credentials as a service for organisations  

Orobo

Orobo enables real estate and construction businesses to comply with increasing sustainability regulations and enhance their green premium with our Digital Product Passports for all materials in the built environment.  

If you would like to gain more insights on each of the startup pitching, have a look at the press release published three months ago:  https://www.tenity.com/press/six-pioneering-projects-selected-for-the-iota-tenity-rwa-accelerator-program  

About Tenity:  

Tenity is the leading global innovation ecosystem and early-stage investor, with offices in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul. Tenity's vision is to accelerate the future of finance by bringing together ambitious founders with leading companies, investors, and mentors. Today, Tenity counts six hubs, runs corporate innovation programs in more than 15 countries, has worked with 65+ corporate partners, and has supported more than 1600 startups through its programs.  

 

About IOTA Ecosystem DLT Foundation:  

The IOTA Ecosystem DLT Foundation is a distributed ledger technology foundation registered in Abu Dhabi Global Market, UAE, under registration number 15533. Its aim is to help drive the adoption of IOTA and grow its ecosystem.  

Founded in 2015, IOTA is a public goods infrastructure to bring trust in our digital world. Through IOTA, governments, organizations, and people are able to interact with each other in a secure, trusted, and verifiable way. IOTA is one of the most established Blockchain projects in the world and is primarily driven by a global ecosystem of non-profit organizations.