# In Wolf's Clothing (Wolf) *The future of decentralized finance is being built today, and it's being built on Bitcoin and Lightning. At Wolf, we fund and empower the founders forging the path ahead.* - Website: [wolfnyc.com](https://wolfnyc.com/) - Founder & Chairman: [[Ross Stevens]] - CEO: [[Kelly Brewster]] ## General ### [The program](https://wolfnyc.com/the-program) - 8 week intensive program in new york - Transportation and lodging included - $250 guaranteed seed funding - $500k demo day winner ### [Techcrunch Article](https://techcrunch.com/2022/10/26/asset-management-firm-stone-ridge-launches-bitcoin-focused-accelerator-program/) [[2022-10-26]] (Excerpts) Asset management firm [Stone Ridge](https://www.stoneridgeam.com/) has launched a startup accelerator, In Wolf’s Clothing ([Wolf](https://wolfnyc.com/)), that will be dedicated to growing Bitcoin-focused applications, the team exclusively told TechCrunch. The program will bring four cohorts per year, each consisting of about eight to 12 teams, or about 30 to 50 founders, to New York City from around the world for eight weeks at a time to focus on building on the Bitcoin-centric Lightning Network and [Taro](https://docs.lightning.engineering/the-lightning-network/taro) protocol, Kelly Brewster, CEO of Wolf, said to TechCrunch. Teams in the accelerator will range from small startup teams to early-stage companies. They will receive individual investments of $250,000, while one winner of the cohort will get an additional $500,000 for a total of $750,000, Brewster said. Some themes Brewster is interested in seeing startups expand upon include micropayments and tipping through Lightning and Taro. NYDIG, a subsidiary of Stone Ridge, is also supporting the accelerator, alongside mentorship and investments from Bitcoin-focused venture capital firms and operating companies. The names of companies providing outside capital will not be released, Brewster said. ==However, he added that all investors and mentors are already working with Bitcoin and Lightning.== “That ranges from specialized VCs dedicated to Lightning up through public companies in fintech and banking.”