Ripple Partners with Web3 Salon to Boost Japan's Digital Asset Ecosystem

Ripple and Web3Salon join force to improve Japan's digital asset ecosystem. It's been discover that Japan is a prime market for blockchain innovation.

Ripple Partners with Web3 Salon to Boost Japan's Digital Asset Ecosystem

Ripple , a San Francisco-based technology company focused on blockchain and cryptocurrency solutions, announced on Monday that it has collaborated with the Web3 Salon initiative , led by the Asia Web3 Alliance Japan , to support startups leveraging the XRP Ledger (XRPL) in Japan. The collaboration is for the purpose of improving XRPL development. Ripple offers to give grants of up to $200,000 per project over the next year through the XRPL Japan and Korea Fund . which are all part of Ripple's $1 billion XRP commitment between XRPL Japan and Korea Fund and the company itself. With this pledge, Ripple can offer financial, business, and technical support for developers and startups building on the XRPL. However, it's important to note that the $200,000 per project Ripple pledge is aimed only at tokenized real-world assets (RWA) projects , decentralized finance (DeFi) projects , and digital payments startups projects . According to the official announcement by Ripple, the project is suppor…

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