Ripple Labs Partners with Web3 Salon to Offer $200K Grants for Japan Startups
Ripple Labs has partnered with Web3 Salon to launch a funding initiative aimed at supporting Japanese Web3 startups. This program offers grants of up to $200,000 for projects utilizing the XRP Ledger (XRPL).
Key Points of the Initiative
- The program is part of Ripple's $1 billion commitment to blockchain innovation in Asia.
- It targets early-stage startups focused on Decentralized Finance (DeFi), digital payments, and tokenization.
- Participating projects can receive funding over the next year.
- This initiative follows Ripple’s previous efforts to enhance blockchain technology in Japan and South Korea.
- Ripple's collaborations include partnerships with SBI Holdings and Futureverse, enhancing its influence in the region.
Ripple aims to provide developers access to its global network alongside financial support. The initiative reflects Ripple's belief in Japan and Korea as key areas for blockchain advancement.