Ripple to invest $5M to Asia-Pacific blockchain research
Ripple Labs will invest $ 5 million to strengthen education and research on blockchain in the Asia-Pacific region.
According to a June 10 announcement On the company’s blog, Ripple is expanding its university research initiative for blockchain in Asia-Pacific with a new investment of $ 5 million. The fund will support university research and innovation led by students in six countries. This marks Ripple’s latest decision to develop its influence in a region known for the gradual regulation of finishing finches and the rapid adoption of digital assets.
Thanks to Ubri, Ripple deepens links with the best institutions in South Korea, Japan and Singapore, while forging new partnerships in Taiwan and Australia. Funding provides the total contribution of the Ripple Ubri in Asia to more than $ 11 million since its launch, reflecting its long -term accent on the construction of a pipeline of blockchain talents and real world applications using the XRP (Xrp) Ledger.
In Taiwan, Ripple joins the National University of Sciences and Technology TechnologyEthn), and Solana (GROUND). The subsidy will also support a Student Builders Club and Validator node on XRPL.
The Nanyang Technological University of Singapore received a subsidy to build a network of Autonomous AI agents on XRPL, while Ripple has renewed its support for the National University of Singapore, where the past funding of the Ubri led to the first university Dao in Asia.
In South Korea, a renewed partnership of $ 1.1 million with Korea University will finance the advanced research of blockchain, as well as current initiatives in the universities of Yonsei and Hanyang, including ZK set -up technologies improving confidentiality and layer 2.
The Victoria University of Australia joins Ubri by emphasizing the development of the blockchain curriculum, while the Australian National University will continue to seek research on blockchain law and intelligent contract platforms like Evernode.
Ripple’s expansion of Ripple completes other recent companies in Asia-Pacific. These include XRPL Japan and Korea of the fund launched in 2024 to support local developers, a partnership With the web 3 in Japan to finance XRPL startups and the role of Ripple as an anchoring investor in the Hashkey Capital XRP Fund, the first institutional in Asia funds focused on XRP.
This year’s Ubri Connect event will take place at the XRP Ledger Apex, with a pre-sum organized at the nudes, highlighting the growing role of the region in the research and global adoption of blockchain.
Post Comment