Animoca Brands, Coinbase, Fabric Ventures Double Down on UK’s Web3 Push

• The U.K. is currently advancing its Web3 regulatory frameworks in crypto, tokenized securities, and AI.
• It is also one of the wealthiest Bitcoin-holding countries with 61,245 BTC ($5.8 billion) in its portfolio.
• U.K. Web3 founders will be eligible to receive up to $250,000 in cash alongside mentorship and other opportunities in the accelerator.

Major players such as Coinbase and Animoca Ventures are joining forces to launch an ambitious blockchain and AI accelerator program in the U.K., as the nation bids to become a Web3 hub.

However, with domestic digital asset regulations still taking shape, this latest industry push could help guide or significantly accelerate the government’s efforts.

Web3 Push

Animoca Brands is teaming up with some of the biggest names in Web3 to back a new wave of blockchain and AI innovation in the U.K.

In a release shared with CCN , Animoca announced it’s joining forces with Coinbase, Fabric Ventures, and Founders Factory to launch a multi-million-pound accelerator program aimed at helping founders build and scale their ideas.

The program offers startups £250,000 in funding, 16 weeks of hands-on operational support, access to top talent across the partner organizations, guidance on token creation and listings, and much more.

The announcement ties into the Labor government’s broader push to position the U.K. as a global leader in Web3, crypto, blockchain, and AI innovation. As Robby Yung, CEO of Animoca Brands, put it:

“The U.K. must be a creator, not just a consumer, of this innovation. The real opportunity lies in developing it here, building intellectual property that leverages the world-class talent base and ecosystem in the U.K.”

U.K. Digital Assets

The U.K.’s ambitions to establish itself as a digital assets hub began with former Prime Minister Rishi Sunak; however, these ambitions were suppressed due to near-constant political turmoil.

The new Labor government has made Web3 technology one of the key focal points of its new economic strategy.

It wasn’t until late 2024 that the nation properly began implementing crypto regulations, with some coming into effect as recently as January 2025.

Though some may complain about the slow start, it’s no small feat for an incoming government to implement and deliver on major regulatory reforms within a year of taking office.

Advances are being made, especially in the realms of tokenized securities, and hopefully, this year is the one that the U.K. finally re-centers itself as an influential economic power.