Ripple on Tuesday said it launched a Japan and Korea fund, aimed at driving blockchain innovation in the two markets.
"The launch of this fund is a testament to Ripple's strong belief in the potential of Japan and Korea as pivotal regional hubs for blockchain innovation," said Emi Yoshikawa, vice president of strategic initiatives at Ripple, in a statement.XRP is Ripple's native cryptocurrency which is powered by the XRP Ledger, an open-source, public blockchain built for corporations. Ripple uses blockchain and crypto to facilitate real-time, cross-border payments.
The funds will go toward supporting corporate partnerships, developer grants, startup investments and community growth, Ripple said Tuesday in a statement. The XRPL Japan and Korea Fund is part of"The launch of this fund is a testament to Ripple's strong belief in the potential of Japan and Korea as pivotal regional hubs for blockchain innovation," said Emi Yoshikawa, vice president of strategic initiatives at Ripple, according to the statement.
Ripple said the XRP Ledger will be used for issuing official Expo NFTs for millions of attendees at the World Expo 2025 in Osaka, Japan.are unique virtual world objects that come in the form of artwork, audio or videos, and are stored and verified using blockchain technologyApple Intelligence on your iPhone probably requires an upgrade
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