Tenity is expanding its focus on decentralised finance (DeFi) through its Incubation Fund II.
The fund will support startups building on the XRP Ledger (XRPL) across Asia and Europe.
Tenity has highlighted the XRP Ledger's speed, energy efficiency, and security as key factors for its adoption.
The partnership builds on Tenity's previous work with Ripple, supporting startups in developing DeFi solutions, real-world asset tokenisation, and payment innovations.