Ripple launched acceleration program for business that use XRP Ledger

Ripple Labs announced the creation of an accelerator program in Singapore designed to support entrepreneurs who develop their business on the XRP Ledger (XRPL) network. The initiative is aimed at startups that are in the initial phase in the Asia-Pacific region.

The program called XRPL accelerator will begin in September 2025 and It will be focused on the tokenization of real assets (RWA), institutional decentralized finance (defi) and the intersection of artificial intelligence and cryptocurrency networks technology. The initiative also participates Tenity, a platform based in Switzerland that supports startups of the financial and technological sector.

As part of the initiative, virtual workshops and two weeks of face -to -face immersion will be offered in Singapore, which will culminate with a demo day demo in which participating startups will present their projects before investors and ecosystem partners.

Fiona Murray, general director of the Asia-Pacific region of Ripple, said: “Singapore has established itself as a digital innovation leader. This accelerator will help cultivate a new generation of talent and to boost cases of scalable use in XRPL that benefit the industries and communities throughout the region, consolidating Singapore as a center for the talent in cryptocurrency networks.”

These types of initiatives are sustained and, as a result, real innovations that are sued by the market, It could have an XRP price effect, Ripple’s cryptocurrency. Is that the fact of promoting the development of specific cases of use of XRPL would give more institutional visibility to XRP.

At the time of the publication of this note, the price of XRP is $ 2.28, as seen in the following image of TrainingView:

As cryptootics has reported, so far the alliances of Ripple Labs with other institutions have not had a significant impact on the price of their cryptocurrency, since many of those platforms, such as Ripple Payments, do not require the use of XRP.

However, In this case the approach is put on the development of XRP Ledgerwhat does imply the use of cryptocurrency and could have a more direct effect on its demand and, therefore, on its price.