EMURGO, a trailblazer in blockchain technology and a key founding entity of the Cardano blockchain, has forged a strategic partnership with Ibex, the corporate innovation division of Antler, a globally recognized early-stage investment firm. This collaboration is aimed at propelling Web3 innovation and accelerating fintech development, with a particular focus on the African continent.
Ibex emerges as Antler’s latest venture, crafted as a specialized innovation and investment hub. Its mission is to revolutionize how corporations engage with technological advancements by cultivating synergies with burgeoning startups.
Ibex empowers corporations to adeptly manage their growth trajectories by ensuring that their startup collaborations yield tangible, impactful results. The partnership is poised to spark a wave of innovation at the crossroads of fintech and Web3 technologies, drawing upon EMURGO’s profound expertise and Antler’s extensive international network to bolster founders and scale emerging startups.
This enduring alliance is dedicated to discovering, investing in, and nurturing the expansion of global founders and startup ventures that are addressing pressing real-world issues through fintech and Web3. It also tackles the industry’s pressing need for the sustainable and consistent evolution of commercial Web3 solutions.
Additionally, the partnership aspires to construct a solid financial technology framework that is compatible with Cardano and other established Web3 technologies, aiding EMURGO in driving pioneering innovation throughout its growth phases.
Ken Kodama, founder and CEO of EMURGO, stated;
Joining forces with Antler and the Ibex initiative is a pivotal move towards addressing critical challenges by advancing the development and adoption of interoperable solutions that harness the power of fintech and Web3. By pooling our collective industry knowledge, vast global reach, and networks, we are well-positioned to provide founders with the necessary tools to surmount obstacles and expedite technological advancements.
Deepak Jayaraman, partner at Antler and the global head of Ibex, described Ibex as a strategic innovation and investment conduit within the Antler framework, conceived to catalyze groundbreaking innovation for corporate partners.
Ibex is set to bolster the internal innovation engines of industry partners, enabling them to derive real value from interactions with startups and the worldwide entrepreneurial landscape. We are committed to working closely with global leaders, aligning with their long-term innovation aspirations, bridging the gap between industry heavyweights and startups, and addressing challenges or capitalizing on opportunities that emerge. This will be achieved by leveraging Antler’s expansive global network, which includes over 1,300 startups and is continuously growing, to generate impactful results.
