- Ripple has partnered with Japan’s Web3 Salon project to offer grants of up to US$200k per project from their XRPL Japan and Korea Fund, targeting early-stage Japanese startups building DeFi and tokenised assets.
- The partnership includes mentorship and workshops from Web3 Salon, plus four major community events through March 2026 featuring pitch competitions and networking sessions.
- XRP has gained 3% in 24 hours to trade at US$2.24, outperforming other major cryptocurrencies and posting over 300% gains for the year amid legal clarity and ETF speculation.
- Several companies are adding XRP to their corporate treasuries, including VivoPower securing US$121 million and Chinese AI company Webus planning a US$300 million XRP reserve for cross-border payments.
Ripple has teamed up with Japan’s Web3 Salon project (backed by JETRO and the Asia Web3 Alliance Japan) to boost blockchain innovation in the country. It will be offering grants of up to US$200k (AU$306k) per project from their XRPL Japan and Korea Fund, targeting early-stage Japanese startups building DeFi, tokenised assets and digital payment solutions on the XRP Ledger.
The partnership isn’t just about money though – Web3 Salon will provide mentorship and workshops while Ripple offers access to their global network of partners and customers.
To keep the momentum going, they’re planning four major community events through March 2026, featuring startup pitch competitions, industry panels, and networking sessions designed to connect founders with regulators and investors.
Related: Argentinian President Milei Cleared in Ethics Probe Over Crypto Promotion
XRP Price Up, As Most Other Cryptos Struggle
Despite most major cryptocurrencies trading sideways for the past couple of days, XRP has made a move higher. The third largest coin (when excluding stablecoins) currently trades at US$2.24 (AU$3.43), an increase of three per cent in the past 24 hours.
Although the coin is down on the monthly chart it has still gained over 300 per cent over the past year – partially based on favourable developments in the legal case between Ripple Labs and the US Securities and Exchange Commission (SEC).
Additionally, news of several applications for XRP-related exchange-traded funds (ETFs) have stoked investor interest.
And it turns out that some investors even take a leaf out of Michael Saylor’s playbook. The founder of Strategy (formerly known as MicroStrategy) is regularly buying Bitcoin to add to the firm’s reserves.
XRP Treasury Movements Gains Momentum
Now, several companies are making similar investments in XRP. As reported, Nasdaq-listed VivoPower secured US$121 million (AU$185.8 million) to add XRP to its corporate treasury.
His Royal Highness, Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia, led the funding round with a reported US$100 million (AU$153.5 million).
That was followed by Chinese AI company Webus, which said it plans to create a US$300 million (AU$460.6 million) XRP reserve in partnership with Samara Alpha to build a Ripple-based cross-border payment system, funding it through various sources including cash and credit lines to support their travel business expansion and streamline vendor payments.
Read more: Wellgistics Health Taps XRP’s Speed and Low Fees to Revolutionise Healthcare Payments
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