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Ripple Funds Blockchain Education in the Asia-Pacific Region with $5M

  • On June 9, Ripple revealed a collaboration with Web3 Salon aimed at assisting startups developing applications on the XRP Ledger in Japan.
  • This collaboration builds on Ripple’s commitment to allocate a substantial amount of XRP resources and is designed to boost blockchain development within Japan’s well-regulated and technologically advanced market.
  • Over the next year, Ripple plans to award funding of as much as $200,000 for each selected project, accompanied by technical support, business mentorship, and connectivity to its extensive global network, while Web3 Salon contributes through workshops and founder-focused assistance.
  • The program’s selection criteria evaluate projects on their technical quality, potential for expansion, and how well they align with Ripple’s strategic goals. Additionally, four community events planned before March 2026 aim to foster discussion and collaboration within the ecosystem.
  • This initiative bolsters Ripple's foothold in Japan's dynamic yet demanding market, where a vast majority of banks are expected to integrate XRP into their operations by 2025, contributing to the advancement of the domestic blockchain sector.
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TokenPost broke the news in on Sunday, June 8, 2025.
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