- Ripple has partnered with Japan’s Web3 Salon to fund startups on the XRP Ledger.
- Eligible Japanese projects in DeFi and RWA can receive grants of up to $200,000.
- The initiative is backed by Ripple’s larger 1 billion XRP regional ecosystem fund.
Ripple is deepening its investment in Japan’s Web3 ecosystem with a new initiative offering up to $200,000 in grant funding to startups building on the XRP Ledger (XRPL). The program, launched in partnership with the Asia Web3 Alliance-backed Web3 Salon, aims to accelerate the development of DeFi, tokenized real-world assets (RWA), and digital payment solutions in the country.
According to Ripple’s official update, the company plans to provide grant funding to Japanese developers building decentralized finance (DeFi) platforms, tokenized real-world asset (RWA) solutions, and digital payment systems using the XRP Ledger. The support will include financial, technical, and business assistance.
Christina Chan, senior director of developer growth at RippleX, said the company intends to back early-stage innovation and assist teams developing on XRPL. The XRPL Japan and Korea Fund, launched as part of Ripple’s regional growth program, is the primary source of funding for the new grants.
Related: Ripple-Backed USDB Stablecoin Goes Live on XRPL for Cross-Border Payments in Latin America
Partnership to Provide Mentorship and Community Events
Web3 Salon, backed by the Japan External Trade Organization (JETRO), will work alongside Ripple to provide additional resources to selected startups. This includes access to networking opportunities, expert guidance, and mentorship.
The collaboration will also feature a series of four major community events running through March 2026. These gatherings are designed to increase exposure for early-stage projects by hosting startup pitch sessions, educational workshops, and panel discussions with investors, regulators, and developers, covering topics from compliance to cross-border growth strategy.
New Grants Build on Ripple’s Expanding Footprint in Japan
This new grant program is the latest move in Ripple’s long-standing and successful engagement with the Japanese market. The company’s partner, financial giant SBI Holdings, has been a key driver of XRP adoption, using RippleNet for its SBI Remit cross-border money transfer service and offering XRP trading to institutional and retail users through SBI VC Trade.
Related: Ripple CTO David Schwartz Clears the Air on XRP Ledger Governance
Adoption has also spread across other sectors. The popular e-commerce platform Mercari recently integrated XRP payments into its app, while real estate firm Open House Group now accepts XRP for property transactions, cementing the digital asset’s growing utility in one of Asia’s most important economies.
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