Ripple Labs has pledged an additional $5 million to fund academic research and nurture blockchain talent in the Asia-Pacific (APAC) region. This funding will be directed through the University Blockchain Research Initiative (UBRI), which supports universities in six countries. Notable allocations include grants of $1.1 million to Yonsei University in South Korea, $1.5 million to Kyoto University and the University of Tokyo in Japan, and over $3 million to both Nanyang Technological University and the National University of Singapore in Singapore.
Professor Yang Liu from Nanyang Technological University emphasized the impact of these grants on research, stating, 'With our current grant, we are developing an autonomous AI agent network on the XRP Ledger to create a transparent, modular, accessible, and collaborative AI platform harnessing blockchain technology. We believe this innovation will be pivotal in shaping the future of AI.' In Taiwan, UBRI is collaborating with the National Kaohsiung University of Science and Technology to investigate real-world asset tokenization.
Echo Huang, a professor at NKUST, expressed enthusiasm for the partnership, saying, 'NKUST is excited about this new chapter, partnering with Ripple’s UBRI to explore the potential of Real-World Asset (RWA) tokenization on the XRP Ledger.' In Australia, RIP has solidified ties with institutions like the Australian National University and Victoria University, bringing their total funding in the region to $1.3 million.
This commitment follows Ripple’s earlier investment of $25 million in RLUSD to support education initiatives in the U.S. and the establishment of the National Cryptocurrency Association intended to advance crypto education domestically. Ripple Labs’ CEO, Brad Garlinghouse, has committed that $50 million will support the new nonprofit's initiatives.
Professor Yang Liu from Nanyang Technological University emphasized the impact of these grants on research, stating, 'With our current grant, we are developing an autonomous AI agent network on the XRP Ledger to create a transparent, modular, accessible, and collaborative AI platform harnessing blockchain technology. We believe this innovation will be pivotal in shaping the future of AI.' In Taiwan, UBRI is collaborating with the National Kaohsiung University of Science and Technology to investigate real-world asset tokenization.
Echo Huang, a professor at NKUST, expressed enthusiasm for the partnership, saying, 'NKUST is excited about this new chapter, partnering with Ripple’s UBRI to explore the potential of Real-World Asset (RWA) tokenization on the XRP Ledger.' In Australia, RIP has solidified ties with institutions like the Australian National University and Victoria University, bringing their total funding in the region to $1.3 million.
This commitment follows Ripple’s earlier investment of $25 million in RLUSD to support education initiatives in the U.S. and the establishment of the National Cryptocurrency Association intended to advance crypto education domestically. Ripple Labs’ CEO, Brad Garlinghouse, has committed that $50 million will support the new nonprofit's initiatives.
