Ripple's Asian Fund to Foster Blockchain Development

Shiva Ganesh

Ripple has launched the XRPL Japan and Korea Fund to accelerate innovation on the XRP Ledger in Japan and Korea.

The fund is part of Ripple's broader commitment to invest 1 billion XRP to support developers on the XRP Ledger.

The fund will support corporate partnerships, developer grants, startup investments, and community growth initiatives.

Ripple aims to leverage Japan and Korea's vibrant markets as regional hubs for blockchain innovation.

Projects like VWBL in Japan and Moai Finance in Korea have already received funding to build on the XRP Ledger.