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Saturday, July 5, 2025

Cryptocurrency banking pitch wins 2022 Bobcat Ventures competition - News - Bates News

Dollar for dollar, the best pitch at this year’s Bobcat Ventures competition was a startup that seeks to take cryptocurrencies like Bitcoin mainstream.
Described as a “next-gen payroll provider” by Justin Soh ’22 of Singapore and partner Shaun Wong, their startup, Stable, aims to solve a major obstacle preventing the widespread adoption of decentralized cryptocurrencies: how to convert them to a centralized currency, like the U.S. dollar, for practical purposes, such as a business needing to pay its employees.
Soh and Wong’s successful pitch took home the $10,000 first prize.
More than strictly a pitch competition, the student-run Bobcat Ventures program works in partnership with the college’s Center for Purposeful Work to provide year-round, wall-to-wall support for student entrepreneurs. A loyal group of alumni serve as mentors and competition judges. This year’s panel comprised Ben Schippers ’04, Chris Barbin ’93, and Emma Sprague ’10.
Soh and Wong “had an incredibly clear value...



Read Full Story: https://www.bates.edu/news/2022/06/09/bobcats-make-a-venture-into-crypto/

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