- Ripple’s latest initiative focuses innovation on DeFi, tokenized asset, and digital payments, with the support of JETRO Japan.
- Initiative includes four Web3 major events before March 2026. These are aimed to encourage collaboration among tech companies, investors, startups and leaders.
Ripple, in an effort to promote blockchain technology in Asia has created a new grant programme tied to the XRP Ledger that will be awarded for Web3 startups at early stages in Japan. The grant project, named ‘Web3 Salon’, is backed by the Japan External Trade Organization (JETRO) and handled by the Asia Web3 Alliance Japan. Ripple’s project aims at boosting innovation in digital payments, decentralized finances, and tokenized assets.
Ripple Grant Program in Asia: A Detailed Overview
Ripple is offering each startup the chance to win a grant worth up to $200,000 over the course of the following year. This is part of Ripple’s XRPL Japan and Korea Fund. Ripple promised $1 billion to help XRP with financial and technological support.
Companies selected for the program are chosen based on their high growth rate, technology and alignment with Ripple’s investment goals. Ripple has a large network that includes clients, experts and partners. Ripple ensures each grant follows its regional strategy and aims.
In addition, it aims to bring more Japanese businesses and organizations into the Web3 world. In this way, the alliance will be able to achieve its goal. Web3 Salon initiative The program will provide mentorship and training for new entrepreneurs, including workshops to improve their skills. Platform will assist businesses in maximizing their opportunities on the market, expanding their operations and adhering to legal regulations.
“This partnership with Ripple is about much more than funding—it’s about creating the bridge between global blockchain innovation and Japan’s local tech potential,”
Hinza Asif is the President of Asia Web3 Alliance Japan.
“Japan is one of the most exciting and challenging markets for Web3 and blockchain adoption.”
Web3 Major Events in the Pipeline
The project is a series of four large events that will take place before March 2026. These are intended to increase both community engagement and the overall event. These events will include pitching contests for startups, meeting with investors, panel discussions, and workshops on topics such as international growth. Web3 Salon will work with Ripple to host the events that help entrepreneurs connect with key people from the tech and financial sectors.
Ripple says that the focus is on ecosystem development as well as direct investment. Christina Chan, Senior director of Developer Growth for RippleX said:
“Ripple is proud to collaborate with Web3 Salon to unlock new opportunities in Japan’s thriving startup ecosystem. Together, we hope to fuel innovation and support the next generation of leaders.”
The project, with JETRO’s help, aims to convince more fintech startups to become part of Japan’s digital economy using blockchain technology. This alliance is a good way to get regulatory systems, startups, and businesses working together in order to improve Japan’s position globally on Web3.
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Source: www.crypto-news-flash.com
