The National Cryptocurrency Association (NCA), a nonprofit aiming to 'demystify' cryptocurrencies for U.S. consumers, has been launched with a $50 million grant from Ripple.
The NCA will provide educational resources and tools to help investors understand the digital asset market, as well as data about crypto adoption in the U.S.
The initiative comes as demand for cryptocurrencies is growing, but there is also uncertainty and a need for more education in the space.
Ripple is among several major digital asset companies working to raise awareness and legitimize crypto as it believes the opportunity for cryptocurrencies, especially in the U.S., is stronger than ever.