Million

<ul class="news-points">
 <li>Ripple’s new fund in Japan and Korea aims to drive innovation on the XRPL.</li>
 <li>Speculation suggests a potential partnership between Ripple and Japan-based blockchain platform Jasmy.</li>
 <li>This results from Japan’s favorable regulations and existing partnerships with SBI Japan.</li>
</ul>
Speculation is rife within the cryptocurrency community about a potential partnership between Ripple, the U.S.-based crypto payments firm, and Jasmy, a Japanese blockchain platform.
This speculation arose after Ripple announced the <a href="https://coinedition.com/asian-markets-in-focus-as-ripple-unveils-new-xrpl-fund/" rel="noopener noreferrer nofollow">creation of a fund</a> in Japan and Korea to foster innovation on the XRP Ledger (XRPL), signaling further expansion in the Asia-Pacific region.
Ripple noted in a Tuesday statement that the funds will support corporate partnerships, developer grants, startup investments, and community growth. This new fund will be financed by Ripple’s 1 billion XRP committed in March 2022 to provide financial, technical, and business support for developers.
Given Ripple’s established presence in the Asian market, a crypto enthusiast known as DipMehtaVerse on X <a href="https://x.com/DipMehtaVerse/status/1800711792395485241" target="_blank" rel="noopener noreferrer nofollow">suggested</a> that Jasmy could be among the beneficiaries of Ripple’s investment in Japan. According to him, Ripple and Jasmy a…
The post <a href="https://coinedition.com/ripples-500-million-xrp-fund-fuels-jasmy-collaboration-rumors/" rel="noopener noreferrer nofollow">Ripple’s $500 Million XRP Fund Fuels Jasmy Collaboration Rumors</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple’s $500 Million XRP Fund Fuels Jasmy Collaboration Rumors

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