Ripple launches a $640 million XRPL fund to boost blockchain innovation in Japan and South Korea
One of the most prominent blockchain companies, Ripple, has initiated the XRPL Japan and Korea Fund with the intention of fostering blockchain innovation in the countries of Japan and South Korea. As part of Ripple’s bigger intention to contribute one billion XRP to encourage blockchain developers, the fund will provide support for corporate partnerships, awards for developers, investments in startups, and community growth. Ripple’s CEO Brad Garlinghouse has expressed concern