Ripple Establishes Collaborations in South Korea to Foster Blockchain Technology

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Ripple and Futureverse Partnership
  2. Expanding Ripple's Influence in Asia
  3. Ripple's UBRI Initiative


    4. Ripple has announced strategic partnerships in South Korea aimed at accelerating blockchain adoption across the Asia-Pacific region.

    Ripple and Futureverse Partnership

    One of Ripple’s new partners is Futureverse, a company specializing in AI and metaverse technologies. Futureverse has fully embraced the XRPL network for its efficiency and cost-effectiveness. Through this partnership, Futureverse will leverage XRP as the native gas fee token for its Otto blockchain, with the XRPL DEX serving as a significant source of liquidity.

    Expanding Ripple's Influence in Asia

    In addition to its partnership with Futureverse, Ripple has also announced new initiatives to accelerate blockchain adoption throughout Asia. Yonsei University in South Korea has become the 12th Asian partner and 58th global partner of Ripple’s UBRI program, which supports blockchain research and education.

    We have confidence in Ripple's capabilities and value our long-standing relationshipJeffrey McDonald, Chief Customer Officer at Futureverse

    Ripple's UBRI Initiative

    Since its launch in 2018, the UBRI program has allocated over $60 million to universities worldwide. The program aims to develop the next generation of blockchain innovators.

    Ripple's new partnerships in South Korea and other initiatives highlight the company's commitment to advancing blockchain technology in the Asia-Pacific region and globally.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Grayscale Appoints BitGo as Custodian for Hyperliquid Staking ETF

Grayscale has appointed BitGo Bank Trust as an additional custodian for its Hyperliquid Staking ETF to enhance custody services and operational flexibility.

user avatarAndrew Smith

Avalanche Sees Surge in Tokenized US Treasury Assets

The value of tokenized US Treasury assets on the Avalanche network has surged to approximately $545 million, marking a fourfold increase over the past year.

user avatarJacob Williams

Metaplanet Shows Liquidity Management with Strategic Bitcoin Transactions

Metaplanet sold 10,000 BTC for approximately $790 million and bought back 11,000 BTC for around $950 million, demonstrating its ability to manage liquidity effectively.

user avatarSon Min-ho

Navra Secures $19 Million in Series A Funding to Bridge Traditional Finance and Blockchain

Navra, a startup led by Mike Cagney, has successfully raised $19 million in Series A funding to enhance access to blockchain-based financial markets for traditional investors.

user avatarZainab Kamara

Arbitrum Proposes Strategic Initiative for USDG Stablecoin

Arbitrum has proposed a governance initiative to back USDG as a core strategic stablecoin within its ecosystem, including adding 100 million ARB to enhance liquidity and adoption.

user avatarTando Nkube

BitGo and HashKey Cloud Expand Partnership in Asia-Pacific

BitGo and HashKey Cloud have expanded their partnership to cover multiple areas of institutional crypto infrastructure, including staking, trading, custody, and asset tokenization in Singapore.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.