Ripple and Web3 Salon Invest in Japanese Blockchain Startups to Boost XRP Ledger Growth in Asia
Ripple has announced a strategic partnership with Japan’s Web3 Salon to support early-stage blockchain startups using the XRP Ledger. Through the XRPL Japan and Korea Fund, selected projects can receive up to $200,000 in grant funding, with the overall initiative backed by a substantial 1 billion XRP commitment to expand usage of the XRP Ledger. The program specifically targets sectors such as DeFi, tokenized real-world assets, and digital payments, aiming to foster blockchain innovation in Japan—a region known for strict regulations but strong technical talent. Participants will benefit from mentorship, regulatory guidance from JETRO, workshops, and direct access to Ripple’s global network. Running until March 2026, the initiative includes multiple industry events to connect standout projects with potential investors. This expanded support highlights Ripple’s commitment to growing its ecosystem in the competitive Asian market and could drive new use cases and higher adoption for XRP, potentially influencing its market liquidity and trading activity.
Bullish
The major investment by Ripple and its partnership with Web3 Salon to support Japanese blockchain startups on the XRP Ledger reflect strong institutional backing for ecosystem growth. The substantial grant funding, targeted developer support, and long-term strategy in a key Asian market are poised to drive new use cases and adoption for XRP. Access to resources, regulatory guidance, and Ripple’s global network further increases the likelihood of successful projects that can enhance XRP’s utility. Historically, such ecosystem investments often precede periods of increased market optimism and higher trading volume. Therefore, the immediate news is bullish, with the potential for long-term positive impact on XRP’s price and market presence if successful projects emerge.