Ripple and Web3 Salon Offer $200K Grants to Japan’s DeFi, RWA Startups

Ripple has partnered with Japan’s Web3 Salon to fund startups on the XRP Ledger. Eligible Japanese projects in DeFi and RWA can receive grants of up to $200,000. The initiative is backed by Ripple’s larger 1 billion XRP regional ecosystem fund. Ripple is deepening its investment in Japan’s Web3 ecosystem with a new initiative offering up to $200,000 in grant funding to startups building on the XRP Ledger (XRPL). The program, launched in partnership with the Asia Web3 Alliance-backed Web3 Salon , aims to accelerate the development of DeFi, tokenized real-world assets (RWA), and digital payment solutions in the country. According to Ripple’s official update , the company plans to provide grant funding to Japanese developers building decentralized finance (DeFi) platforms, tokenized real-world asset (RWA) solutions, and digital payment systems using the XRP Ledger. The support will include financial, technical, and business assistance. Christina Chan, senior director of developer growth at RippleX, said the company intends to back early-stage innovation and assist teams developing on XRPL. The XRPL Japan and Korea Fund, launched as part of Ripple’s region… The post Ripple and Web3 Salon Offer $200K Grants to Japan’s DeFi, RWA Startups appeared first on Coin Edition .

Source: Coin Edition