IOTA Tenity RWA Accelerator Program Unveils Six Finalists

The IOTA Tenity RWA Accelerator Program has officially announced its six finalists. This Singapore-based initiative, a collaboration between the IOTA Ecosystem DLT Foundation and Tenity, aims to foster entrepreneurial talent within the IOTA EVM ecosystem. The selected participants will deploy their innovative solutions on the IOTA EVM, focusing on Real World Asset (RWA) tokenization, Digital Product Passports, and Digital Identity.

Meet the Projects Accelerating Web3 Adoption

Each of the six projects will receive a $50,000 grant, expert guidance, and networking opportunities. The program culminates on September 17th with a Demo Day at Token2049, where the startups will present their projects to venture capital funds and the Web3 community.

According to Dominik Schiener, Co-Founder and Chair of the IOTA Foundation, “We’re thrilled to witness the launch of the IOTA Tenity RWA Accelerator Program. This initiative marks a significant milestone for the IOTA EVM, providing a robust platform for innovative projects to flourish. By focusing on asset tokenization and adoption, these six pioneering startups are set to revolutionize the landscape of decentralized finance and Web3 technology.”

The Cohort of the IOTA Tenity RWA Accelerator Program

Qiro Finance

RWA private credit infrastructure and marketplace
https://www.qiro.fi / X: @Qiro_Finance

Qiro Finance connects fintech asset originators with on-chain investors, offering fixed yield opportunities. By pioneering distributed credit underwriting infrastructure, it enhances IOTA EVM with institutional-grade RWA investment opportunities.

InvoiceMate

Tokenization of invoices
https://www.invoicemate.tech / X: @MateInvoice

InvoiceMate transforms traditional invoices into tokenized RWAs, enabling users to obtain on-chain private credit based on their invoices. It has a strong track record of tokenizing over $223 million in invoices, offering stablecoin investment opportunities within the IOTA EVM ecosystem.

The Real Lifestyle

Tokenization of real estate
https://trlco.world / X: @Trl_co

The Real Lifestyle democratizes property investments globally through fractionalized ownership, providing new investment opportunities and increased on-chain activity for the IOTA EVM ecosystem.

BlackFrog

Tokenization of commodities
https://blackfrog.xyz / X: https://x.com/BlackFrog_xyz

BlackFrog addresses the demand for critical minerals by providing pre-financing through loans, bonds, and commodity-backed yield-bearing stablecoins. It enables retail investors to enter the critical minerals market, benefiting the IOTA EVM ecosystem.

Orobo

Digital Product Passports
https://orobo.tech / LinkedIn: @orobo-tech

Orobo digitizes the global transition towards a sustainable economy through Digital Product Passports. It leverages IOTA EVM to valorize, validate, and verify products and materials, enhancing sustainability reporting and compliance.

Auvo Digital

Digital Identity
https://auvo.io / X: @AuvoDigital

Auvo Digital offers a no-code organization identity management platform, simplifying compliance and verifiable credential management. It leverages IOTA Identity and IOTA EVM to provide secure, scalable identity solutions.

Singapore in September

The six finalists will present their projects at Demo Day in Singapore on September 17, ahead of the Token2049 conference. This event aims to showcase the innovative solutions developed within the IOTA Tenity RWA Accelerator Program, driving the growth of RWA tokenization and the adoption of Web3 technology.

For more details on the IOTA Tenity RWA Accelerator Program, visit the official announcement on the IOTA Foundation Blog.