EddieJayonCrypto
9 Jun 25
Ripple has partnered with Web3 Salon, supported by Japan External Trade Organization, to support early-stage Japan-based blockchain startups, prioritizing those using the XRP Ledger. The focus areas include decentralized finance, digital payments, and tokenization. Ripple is offering $200,000 per pr...
Ripple has joined forces with Web3 Salon and the Japan External Trade Organization (JETRO) to bolster early-stage blockchain startups based in Japan, with a special emphasis on projects utilizing the XRP Ledger. This initiative targets innovations in decentralized finance (DeFi), digital payments, and tokenization.
Through its dedicated XRPL Japan and Korea Fund, Ripple is offering $200,000 per project over the forthcoming year to stimulate growth and innovation within these sectors. Beyond financial backing, participating startups will gain access to Ripple's extensive global partner network, enhancing their connectivity and potential for success.
Ripple's commitment to Japan is longstanding. Since 2016, the company has collaborated with SBI Holdings through a joint venture aimed at advancing blockchain technology. More recently, Ripple has partnered with HashKey DX to deploy enterprise solutions powered by the XRP Ledger within the Japanese market, underscoring its ongoing influence and investment in the region's blockchain ecosystem.