- Partnership with Futureverse
- Increasing XRPL Programmability
- Academic Partnership with Yonsei University
Today, Ripple announced new projects in Korea and Japan aimed at enhancing blockchain utility and usability. The main goal is to promote institutional adoption of the technologies.
Partnership with Futureverse
AI and Metaverse technology company Futureverse has partnered with Ripple Custody for the secure custody of its assets. Futureverse has already adopted the XRPL NFT standard and utilizes XRP as the gas token on the root network. It is also integrated with the XRPL DEX to contribute to network liquidity.
Increasing XRPL Programmability
Ripple and the broader XRP community are dedicated to enhancing the programmability of the XRPL developer ecosystem. Plans are set for 2025 to introduce smart contracts through the XRPL EVM sidechain, which is already in progress. They are also exploring potential native capabilities on the XRPL Mainnet.
Academic Partnership with Yonsei University
Ripple’s University Blockchain Research Initiative has welcomed Korea’s Yonsei University as its 58th global partner. With over $60 million committed to the UBRI, this initiative is fostering academic excellence and facilitating high-quality research through strategic support, technical resources, and grants.
Despite the lack of significant price action in XRP following Ripple's win over the SEC, the company continues to make strategic growth and development plans. These partnerships can strengthen XRP's positioning outside the United States and increase its credibility among major financial players.
Comments