Add as a preferred source on GoogleAlliance Selects 19 Companies for ALL18 From 2,500 Applications
The cohort includes stablecoin accounts, short-term trading, AI computing and tokenized solar revenue. Applications for the ALL19 cohort close Nov. 18.
Alliance announced Nov. 11 that it selected 19 companies for ALL18 from 2,500 applications, with projects spanning artificial intelligence, robotics, stablecoins, energy and on-chain infrastructure.
The selected projects also cover robotics and stablecoins. Tera Compute rents GPUs to AI startups and has signed $20 million in contracts.
UpDown offers short-term up-or-down trades on stocks and crypto assets, with weekly notional trading of $1.5 million. Wallib offers stablecoin dollar accounts to Latin American immigrants in the United States and has $1.3 million in weekly total payment volume.
Suno tokenizes solar plant revenue and has distributed $1.3 million in proceeds. Cloud9 provides African small and medium-sized businesses with accounts for cross-border payments.
Among the founders, 35% came from the world's top five universities, 25% had successful startup exits and 20% came from Meta, Apple, Nvidia, Google, OpenAI or SpaceX. Applications for Alliance's ALL19 cohort close Nov. 18.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.