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The XRPL Japan and Korea Fund is part of Ripple's one billion XRP commitment to give financial, technical and business support to developers, announced in March 2022. This initiative demonstrates a major commitment to promoting innovation and growth in the XRPL ecosystem., the Ripple team committed to supporting the growth and development of XRP Ledger, stated that the XRPL Japan and Korea Fund is now open for applications from enterprises, developers and XRPL community members.
Ripple announced last year that it will continue to"prioritize the Asia-Pacific region for adoption of its crypto payment services" given that it is"one of its fastest growing regions."In April, Ripple collaborated with Tokyo-based HashKey DX to deliver XRPL-powered supply chain finance solutions to the Japanese market. Ripple announced that XRP Ledger would be used to issue official Expo NFTs to millions of guests at World Expo 2025 in Osaka, Japan.
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