Coinbase and Animoca Brands Launch Web3 Accelerator in UK to Boost AI and Blockchain Startups

Initiative Offers Up to £250,000 in Funding, 16 Weeks of Mentorship, and Global Investor Exposure

London, April 30, 2025 — In a major push to support the UK’s emerging role as a global Web3 hub, Coinbase and Animoca Brands, alongside Fabric Ventures and Founders Factory, have launched a new Web3 accelerator initiative in the United Kingdom. The programme is designed to empower early-stage startups in blockchain

and artificial intelligence (AI) with financial, technical, and strategic support.

The announcement, made on Monday, confirms that eligible startups can receive up to £250,000 (approx. ₹2.85 crore) in funding, as well as 16 weeks of immersive acceleration experience led by London-based Founders Factory.

Program to Nurture Tokenized and Open-Economy Startups

The accelerator targets startups building tokenized business models

, decentralized applications, and tools for the open economy. Selected companies will receive hands-on training in:

• Product development

• Fundraising strategies

• Tokenomics design

• Community engagement

• Business scaling in Web3 and AI verticals

Startups will also get the opportunity to pitch their ventures to global investors and explore seed to Series A investment opportunities.

“Unlocking Capital and Mentorship in the UK”

“Ensuring that these products and services are born out of the UK is vital,” said Keith Grose

, UK CEO of Coinbase. “For too long, access to capital, mentorship, and resources has held back this ambition. This significant investment changes that.”

While the total funding pool has not been publicly disclosed, the announcement confirms that the programme is backed by a multi-million-pound commitment from a consortium of institutional investors.

UK as an Emerging Web3 Destination

The initiative coincides with the UK’s pro-crypto regulatory environment, with comprehensive crypto legislation expected by 2026. The country has attracted a surge of Web3 companies, owing to its progressive stance on digital assets and robust financial infrastructure.

All Web3 startups operating in the UK must be licensed by the Financial Conduct Authority (FCA)

. Coinbase recently registered with the FCA, signaling its long-term commitment to the region.

How to Apply

Startups interested in participating can apply through Founders Factory, with the programme set to begin in the second half of 2025. Founders will receive mentorship from veterans across the blockchain, AI, and venture capital sectors.