Stone Ridge Launches a Blockchain Startup Accelerator on LN

Asset manager Stone Ridge Holdings Group has just launched an accelerator program for startups focused on the Lightning Network.

An initiative called Wolf has already opened the recruitment of the first group, which is supposed to produce four a year.

Each will consist of 8-12 teams focusing on LN and the Taro protocol.

The Lightning Labs team introduced Taro in April. The solution allows users to issue digital assets in the Bitcoin network and use them in LN. In September, the developers launched the alpha version of the protocol.