Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently.
The collaboration will bring Tokensoft’s resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund’s startup accelerator.
Tokensoft, known for its success in helping over 150 crypto projects launch, will now tailor its services to support startups in the Bitcoin ecosystem.
This partnership is designed to offer Bitcoin builders access to critical resources, including guidance on compliance and token strategies, helping them reduce risk and speed up the process of raising funds through Token Generation Events (TGEs).
Focus on compliance and speed to market
As Bitcoin development evolves, builders face increasing pressure to ensure their projects are compliant with complex regulations.
Tokensoft’s role in this new partnership is to streamline the setup process, helping startups navigate legal requirements and establish their corporate structure without the usual hurdles.
Mason Borda, CEO of Tokensoft, emphasized the value of this partnership:
After ten years, we’re excited to finally see some regulatory certainty when it comes to token issuers. Tokensoft Foundation helps streamline the entity setup process by connecting issuers with the network of trusted professionals and providing the structure they need to successfully and expediently launch a token.
The Bitcoin ecosystem has seen significant progress in its infrastructure, including Stacks’ Nakamoto upgrade, which enhances the speed and finality of Bitcoin transactions. Now, with Tokensoft’s support, Bitcoin builders can focus on their technical innovations while benefiting from expert advice on compliance and fundraising.
Programs and workshops for founders
As part of the partnership, Tokensoft will provide education and services through programs such as the Bitcoin Frontier Fund’s accelerator.
Startups in these programs will gain access to Tokensoft’s team of experts, helping them establish the right corporate structures for their projects.
In addition, Stacks Foundation and Tokensoft will produce a series of free workshops aimed at familiarizing startup founders with key compliance concepts.
This initiative is part of Stacks Foundation’s “21 Days of Nakamoto” campaign, which is celebrating the layer’s most significant upgrade to date with daily events and announcements.
The collaboration aims to reduce the time and cost for startups to get to market, ensuring they have the compliance structures necessary to succeed.
This is seen as a critical step forward for Bitcoin builders, particularly as regulatory scrutiny continues to grow in the crypto space.
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