Singapore’s Temasek joins Facebook’s global payments system Libra
Singaporean investment firm Temasek Holdings has joined Facebook-backed Libra Association as its third new member, according to KrAsia.
The association’s two other members are cryptocurrency investment firm Paradigm and private equity group Slow Ventures.
“The addition of three new members to the Libra Association shows our commitment to building a diverse group of organisations that will contribute to the governance, technological roadmap, and launch readiness for the Libra payment system,” said Libra Association’s Vice Chairman Dante Disparte.
Facebook with other tech players had proposed starting a new currency named Libra early in 2019.
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However, in April this year, some partners like Visa, Mastercard, eBay, Stripe, and Paypal decided to pull out of the project.
MRT Jakarta plans to launch accelerator for startups in all industries
Government-owned company MRT Jakarta has revealed that it plans to launch an accelerator for startups with no particular focus on any one industry, according to TechInAsia.
The accelerator will welcome all startups to take their products and services to the mainstream market.
The mentors of the six-month programme, which begins on June 8, includ Bukalapak, BeliMobilGue, BRI Ventures, MDI Ventures, East Ventures, and Vertex Ventures.
Startup Genome, T-Hub partner to promote innovation and improve startup support in India
T-Hub, India’s innovation ecosystem, and Startup Genome, a research and policy advisory organisation in the US, announced today that they would together foster Hyderabad’s innovation ecosystem and showcase success stories of the city’s entrepreneurs.
“Hyderabad’s tech ecosystem has enormous potential to reshape the economy locally and nationally,” said JF Gauthier, Founder and CEO of Startup Genome, in a statement.
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The post Roundup: MRT Jakarta to launch startup accelerator; Temasek joins Facebook’s Libra project appeared first on e27.