Latitude, a Blockchain Startup Accelerator, Set to Launch in the Cayman Islands

A newly announced accelerator program for blockchain ventures is set to launch in January in the Cayman Islands, aiming to take advantage of the location’s heavenly landscapes and favorable tax regime.
Cayman Islands-based accelerator program Latitude announced it will start operating next month in Cayman Enterprise City, subject to regulatory approvals, reported local media outlet Compass Cayman.
Latitude founder Arthur Corry had previously founded the first accelerator, an award-winning program, in Toronto. He believes the Cayman Islands’ special economic zone law offers the most favorable regulatory environment for tech startups to develop and launch globally.
“It is difficult for a company to adjust to a specific regulatory environment and then make a global launch with those restrictions,” explained Corry.
“The other thing we have in Cayman,” shared Managing Director of Community Mary Davies, “is the best and the brightest in structuring transactions.”

This post was published at Coin Telegraph on 2014-12-19.

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