Blockchain Startup Everledger Joins MasterCard Incubator

AccessTimeIconJun 24, 2016 at 5:59 p.m. UTC
Updated Sep 11, 2021 at 12:20 p.m. UTC

MasterCard has selected diamond provenance startup Everledger for its summer startup incubator.

One of seven companies to join the 2016 Start Path Global program, Everledger will receive assistance from MasterCard to scale its operations and enter new markets.

The startups will begin the program by working with MasterCard during a week-long immersion in London, followed by the six-month virtual program that ends with the Start Path Global Partner summit in New York this November.

Advisors include Rakuten, TSYS and Royal Bank of Canada.

Founded in 2015, London-based Everledger uses blockchain technology to track the history of diamond ownership to help ensure the ethical extraction of the gems.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.