Ripple partners with Web3 Salon to boost Japan's Web3 sector with a $200K grant program backed by JETRO.
Startups building on the XRP Ledger (XRPL) will receive grants of up to $200,000 with additional support such as technical guidance and business mentoring.
The grant selection process will focus on technical strength, growth potential, and alignment with Ripple's vision, aiming to lower barriers for Web3 startups in Japan.
Ripple's strong presence in Japan is evident through key partnerships with companies like SBI Holdings, Mercari, and Yonsei University, with 80% of Japanese banks projected to adopt XRP by 2025.