Ohio Accelerators to Pump Over $100 Million into Blockchain Startups

Two startup accelerators in the U.S. state of Ohio are reportedly to invest more than $100 million into blockchain firms.

According to a report from Cleveland.com on Monday, JumpStart, an Ohio-based nonprofit that supports and funds startups, is to invest $100 million in early stage blockchain firms focused on business or government use cases alongside six other funds in the state.

Another business accelerator FlashStarts, from Ohio’s Cleveland city, is reportedly also making $6 million available to enable startups to raise pre-seed funding rounds.

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