Blockchain platform Tribe, backed by the Singaporean government, has helped to raise another $15.7 million through its ecosystem.

As reported by Coin Telegraph, Tribe Accelerator announced as much as $28 million has been raised to support start-ups from across the globe to resolve real-world issues utilising blockchain technology.

Within three months, the first group of start-ups generated more than $12.2 million.

According to the Managing partner of Tribe Accelerator, Ng Yi Ming: “Another successful round of fundraising underscores the relevance of blockchain technology in solving real-world problems. Every idea or solution shared during the Demo day has the potential to revolutionise the way the linked industry works in the present. We will continue to harbour companies with transformative innovations, that can change the face of the blockchain industry and benefit the end-user — making the technology more mainstream.”

Since it was launched, the Tribe blockchain platform has received government support as well as from corporate partners such as PwC, Group Asia, Intel and Icon Foundation, among several others.

In addition, IBM, Citibank and video game giant Ubisoft have recently joined as corporate partners for the second round of Tribe’s fourth-month program.

At the end of last month, Tezos Southeast Asia (TSA) revealed its collaboration with Tribe to launch a training initiative for developers on the Tezos blockchain.

The firm plans to attract additional developers to create Tezos blockchain-based solutions for real-world applications, says Coin Telegraph.

President of TSA, Caleb Kow announced at the time: “By enabling trainers with a good knowledge of Tezos blockchain technology, they will be able to amplify the impact in their respective teams through the continual transfer and sharing of knowledge to new learners.”