Web3 Salon and Ripple have partnered to support Japanese startups in the blockchain space, focusing on XRP Ledger technology.
Ripple plans to allocate one billion XRP for an XRPL Japan and Korea Fund to support selected startups with funding, mentorship, and access to networks.
Community events organized by Ripple and Web3 Salon aim to boost Web3 innovation in Japan by 2026 through startup competitions and regulatory workshops.
The partnership intends to position Japan as a leader in blockchain adoption, leveraging the XRP Ledger's speed and low transaction costs for various applications.