Ripple Invests $200,000 in Web3 Japan Projects

Ripple has announced a major initiative to accelerate the growth of the Web3 ecosystem in Japan. The company, behind the digital payment protocol XRP, is awarding grants of up to $200,000 per project through its XRPL Japan and Korea Fund, with the support of Web3 Salon, a Japanese organization dedicated to promoting Web3 innovation. This funding will be directed towards projects building on or integrating with the XRPL (XRP Ledger) in Japan. The grants aim to foster a vibrant community of developers and entrepreneurs who can create impactful applications that contribute to the growing popularity of decentralized technologies.