Ripple Sets Up Fund To Propel Blockchain Innovation In Japan And South Korea
Portfolio Pulse from Benzinga Neuro
Ripple has established a fund in Japan and South Korea to support blockchain innovation on its XRP Ledger. The fund will back corporate partnerships, developer grants, start-up investments, and community growth. This move is part of Ripple's strategy to focus on the Asia-Pacific region amid a challenging regulatory environment in the U.S.
June 11, 2024 | 8:28 am
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Ripple has launched a fund in Japan and South Korea to support blockchain innovation on its XRP Ledger, focusing on corporate partnerships, developer grants, and start-up investments.
The establishment of the fund is likely to enhance the adoption and development of the XRP Ledger in the Asia-Pacific region, potentially increasing the demand and utility of XRP.
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