As per Bijié Wǎng, the Japan Asia Web3 Alliance and Web3 Salon, in collaboration with Ripple Labs, Mizuho Bank, and SMBC Nikko Securities, have launched the JFIIP accelerator program. The initiative provides $10,000 in funding to Japanese startups for developing XRP Ledger-based compliant financial tools, focusing on payments, asset tokenization, and credit infrastructure to bridge traditional finance and Web3.
Ripple Launches JFIIP Accelerator with Japanese Financial Institutions
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Summary
Ripple and Japanese financial partners launched the JFIIP accelerator to boost Web3 adoption. The program, led by the Japan Asia Web3 Alliance, Mizuho Bank, and SMBC Nikko Securities, offers $10,000 to local startups building XRP Ledger-based tools. Focus areas include payments, asset tokenization, and credit infrastructure. The initiative aims to connect traditional finance with Web3 news and innovation.
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