Ripple Unveils XRPL KR-JP Fund to Foster Blockchain Innovation in Asia
CryptoNewsTerminal Staff11 Jun, 2024
Ripple Unveils XRPL KR-JP Fund to Foster Blockchain Innovation in Asia
Korean and Japanese blockchain ecosystems are set for a major boost with the launch of Ripple's XRPL KR-JP Fund. Announced on the official Ripple website, the fund will provide support for partnerships with leading companies in Korea and Japan, developer grants, investment in early-stage startups, and initiatives aimed at expanding the XRPL community. The fund's funding will come in part from the billion XRP grant program unveiled by Ripple in 2022, highlighting the company's commitment to the growth and development of the XRPL ecosystem. The announcement underscores the significance of Korea and Japan as major hubs for XRPL adoption, fostering a vibrant community of institutional partnerships, progressive regulations, and forward-thinking startups.
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