Coinbase Teams Up with Founders Factory to Support UK Crypto and AI Startups

Coinbase is stepping deeper into the worlds of blockchain and AI with a new 16-week startup accelerator, created in collaboration with Founders Factory, Animoca Brands, and Fabric Ventures.

The program, set to launch later this year, aims to boost innovation in the UK, where crypto and AI development have been seen as lagging behind other global tech hubs.

Announced by Coinbase UK CEO Keith Grose, the initiative will be officially presented at the Global Fintech Forum under the support of the UK’s Department for Business and Trade. The program will open applications in June 2025 and kick off in September, targeting startups focused on building real, trusted solutions for both consumers and businesses.

Participants will gain access to mentorship in product development, fundraising, and business strategy through Founders Factory, while Coinbase and Animoca Brands will provide guidance drawn from their experience in Web3 and crypto ecosystems.

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In parallel, Coinbase’s US division is also expanding its offerings, preparing to launch the Bitcoin Yield Fund on May 1. The fund, aimed at non-US institutional investors, targets an annual Bitcoin return between 4% and 8% by leveraging a cash-and-carry trading strategy to exploit market inefficiencies.

Meanwhile, Coinbase scored a legal victory as Alabama’s Securities Commission recently dropped its case against the platform, easing regulatory pressure as the company pushes ahead with its broader expansion efforts.

Alexander Stefanov