Ripple (XRP) Makes Major Move in Japan and South Korea!
In the midst of its legal battle with the SEC, Ripple is expanding its reach beyond the USA. The latest development focuses on Japan and South Korea, as the tech giant has launched a new fund to promote the XRP Ledger in these regions.
With a goal to strengthen its presence in the Asia-Pacific area, Ripple unveiled a fund dedicated to supporting corporate partnerships, developer grants, startup investments, and community growth. This initiative is part of the 1 billion XRP commitment announced in March 2022 for Japan and South Korea.
Emi Yoshikawa, Ripple’s Vice President of Strategic Initiatives, emphasized the company’s belief in the potential of Japan and South Korea as key hubs for blockchain innovation. The launch of this fund demonstrates Ripple’s commitment to fostering innovation within local XRP Ledger communities, with the aim of driving transformative impact in these vibrant markets.
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