Nvidia has quietly excluded cryptocurrency startups from its Inception accelerator program, marking a shift from past policies that once welcomed blockchain-based ventures.
Crypto Startups Now Ineligible
According to Nvidia’s official Inception program website, cryptocurrency companies are now explicitly listed as ineligible to join the tech giant’s global network for early-stage startups. The program also excludes:
- Consulting and outsourced development firms
- Cloud service providers
- Resellers and distributors
- Publicly traded companies
While Nvidia declined to comment on the policy change, the updated eligibility criteria suggest a decisive move away from supporting crypto-focused ventures, even those with potential crossover into AI or digital infrastructure.
A Shift From Past Inclusion
This is a notable reversal from earlier years. For instance, in 2018, Nvidia accepted Ubex — a startup combining blockchain and AI for digital advertising — into its Inception program. The latest change could reflect growing caution around crypto’s regulatory landscape or a strategic pivot toward more AI-centric innovation.
Nvidia’s Broader Strategy in Tech and AI
Nvidia remains a dominant force in the AI hardware market, with its semiconductors powering everything from data centers to machine learning systems. Its chips have also historically been popular with cryptocurrency miners due to their high processing power.
However, the company now appears to be sharpening its focus on artificial intelligence and distancing itself from the more volatile crypto industry.
This comes amid heightened geopolitical tensions, especially in the U.S.-China AI arms race. Nvidia introduced the H20 chip in 2024 to comply with U.S. export controls. Despite reduced performance compared to its flagship models, the chip was still capable of supporting major AI development in China. This led to further restrictions from the Trump administration, requiring special licenses for H20 exports, potentially costing Nvidia an estimated $5.5 billion in revenue.
Crypto startups hoping to leverage Nvidia’s accelerator resources — such as access to GPUs, technical support, and marketing exposure — will now have to look elsewhere. The exclusion may prompt blockchain developers to pivot toward AI integrations or seek alternative programs that still support crypto innovation.
