Y Combinator Unveils Blockchain Infrastructure Support Program

Y Combinator has made a significant move in the blockchain space with the launch of its new program, YC Crypto Deals. The initiative aims to provide blockchain and crypto infrastructure support to the startup accelerator's portfolio companies. By partnering with major industry players, the program offers resources such as ecosystem grants, gas credits, and technical infrastructure.

The participating partners include Coinbase, Stripe, Circle, the Ethereum Foundation, the Solana Foundation, Tempo, and Phantom. These companies will provide financial credits for transaction fees on Ethereum and Solana, access to payment processing infrastructure through Stripe and Circle, and ecosystem grants from Coinbase and the foundations. Additionally, Phantom will offer technical integration support.

The YC Crypto Deals program reflects Y Combinator's ongoing interest in Web3 and decentralized technologies. With this initiative, the startup accelerator is reducing the friction for founders who want to build on decentralized networks without becoming experts in every layer of the stack.