Cardano and Draper Dragon Host TOKEN2049 UTXO Pitch Night
The October 7 event brings Cardano, Bitcoin, and other UTXO founders before investors, with up to $500,000 in total funding available under terms set by investors.
By SongMarketCap
Updated:
Cardano Foundation and Draper Dragon will hold Rooftop UTXO Pitch Night at TOKEN2049 in Singapore, connecting startup founders with investors. The event begins October 7 at 6:30 p.m. Singapore time at LAVO, on the 57th floor of Marina Bay Sands.
Cardano and Bitcoin Teams Share the Pitch Program
The program spans early-stage projects and growth-stage businesses across Cardano, Bitcoin, and the wider UTXO ecosystem. Founders will present their projects directly to investors.
Cardano, whose native asset is ADA, and Bitcoin, whose native asset is BTC, both use UTXO accounting. Cardano’s extended model adds data and script conditions for applications.
Attendance requires organizer approval, and capacity is limited. The evening forms part of Cardano’s side event schedule alongside the main TOKEN2049 conference on October 7 and 8.
Andy Tang and Hareesh Nair Join the Program
The announced lineup includes fireside sessions with Andy Tang, founding partner of Draper Dragon, and Hareesh Nair, CIO of TPC. Live pitches and networking follow, with STORM Partners supporting the event.
Draper Dragon is a venture capital firm backing early-stage businesses in artificial intelligence, agent systems, and blockchain infrastructure. The firm’s operations connect Silicon Valley and Asia.
Up to $500,000 Subject to Investor Review
The advertised amount covers total funding across selected teams. Participating investors will determine allocations, investment terms, and due diligence using their own criteria and standard processes. The announcement does not specify funding amounts per team or the instruments through which investments would be made.