The group into which the selected startups will enter received the name Batch 23

The accelerator of startups from Silicon Valley – the company 500 Startups announced cooperation with Huobi Labs, subdividing of popular Chinese cryptocurrency exchange Huobi. Together they plan to begin the active operation on the support of beginners in the sphere of a blockchain – perspective startups which can bring generous investments to the investors in the future.

The help with the compilation of the business plan, White paper, effective tactics in advance of a product and also communication options with users and increases in demand as investors will be provided to design teams.

Huobi Labs reads an opportunity to participate in the similar project extremely favourable to the company as it can help them to build communication with participants of the sphere of a blockchain and cryptocurrencies who are able to help 500 Startups concerning application and promoting blockchain technology. The group into which the startups were chosen for operation with the companies will enter received the name Batch 23.

According to the founder of Huobi Labs Dzhunfey Wren, cooperating from 500 Startups and Batch 23, they will try to support as much as possible newly arrived projects to move the industry forward.

We will remind that the company 500 Startups made investments in Coinanalytics, Unikrn and ChangeCoin.

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