Ripple Labs Expands Blockchain Research Funding in Asia-Pacific
- Ripple Labs is committing an additional $5 million to the University Blockchain Research Initiative (UBRI) in the Asia-Pacific region.
- Funding will support universities across six countries, with new grants for institutions in Taiwan and Australia.
- UBRI has allocated $1.1 million to Yonsei University in South Korea over a six-year partnership.
- In Japan, UBRI has committed $1.5 million to Kyoto University and the University of Tokyo.
- Singapore’s Nanyang Technological University and National University of Singapore have received over $3 million combined from UBRI.
- In Australia, UBRI has partnered with Australian National University and Victoria University, allocating $1.3 million collectively.
Ripple Labs’ increased funding through UBRI aims to enhance academic research and foster blockchain talent across the Asia-Pacific region by supporting universities in countries like South Korea, Japan, Singapore, Taiwan, and Australia.
With significant investments in educational initiatives, Ripple Labs is reinforcing its commitment to advancing blockchain technology education globally.Source
