Tim Draper unveils crypto studio to spur defi, layer-2 innovations
Billionaire Tim Draper, a crypto supporter, has launched Draper Goren Blockchain (DGB), a venture studio focused on decentralized finance (defi) technologies, layer-2 scaling, and user-friendly crypto applications, including gaming and social platforms. Draper is collaborating with Alon Goren and David Bleznak–both are crypto industry veterans. Bleznak, a former partner at Draper Goren Holm, has a diverse portfolio, including leadership roles at Totle, Coinbase, LunarCrush, and Ownera. Goren outlined Draper Goren Blockchain’s strategy to build lasting partnerships instead of following traditional accelerator models. They commit to supporting each backed company for a decade, investing $25,000 to $100,000 in early-stage startups. Additionally, DGB plans to collaborate directly with selected entrepreneurs to incubate new companies. You might also like: Tim Draper pushes bitcoin price estimate to $250k by 2025 Despite his frustration with the current U.S. ...