Crypto Powerhouses Launch Ascend Accelerator for Institutional RWA Growth
A coalition of leading fintech and crypto entities, including Plume, Galaxy Ventures, Morpho, OKX Ventures, Anchorage Digital, Centrifuge, Keyrock, and the Tokenized Asset Coalition, has launched Ascend. This accelerator program aims to fast-track the development of institutional-grade Real-World Asset (RWA) startups.
Ascend will select six to eight early-stage teams with live products and traction in tokenizing real-world assets for institutional use. Participants will receive mentorship, network access, guidance on compliance and governance, and eligibility for funding from a $500k discretionary fund. The program runs from September 1st to October 30th, 2025, with applications closing August 18th, 2025.