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Ripple Labs Boosts Australian Blockchain Research with Fresh $5M Injection

  • Ripple Labs has invested US$5M in its University Blockchain Research Initiative to support blockchain research and education in the Asia-Pacific region.
  • In Australia, Ripple Labs allocated US$1.3M for blockchain research at the Australia National University (ANU) and Victoria University.
  • The funding supports legal and technical research, XRPL validator operations, and student publications, with additional grants given to universities in South Korea, Japan, and Singapore.
  • Ripple's commitment to Asia-Pacific blockchain research is in line with its global initiatives, including recent education grants in the US.

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