In a significant move to accelerate blockchain development across Asia, Ripple has announced a strategic partnership with the Web3 Salon project. This initiative is supported by the Japan External Trade Organization (JETRO) and operated by the Asia Web3 Alliance Japan, a key player in the regional Web3 startup ecosystem.
This collaboration underscores a mutual dedication to nurturing Japan’s digital asset landscape—an environment recognized for its technical expertise, strong regulatory clarity, and growing interest in financial innovation and asset tokenization.
Supporting Startups in a High-Potential Market
As part of this partnership, Ripple will provide grant funding of up to $200,000 per project over the next year. This funding is part of the XRPL Japan and Korea Fund and aligns with Ripple’s broader commitment of 1 billion XRP dedicated to supporting innovation on the XRP Ledger (XRPL).
The grants aim to offer financial, technical, and business support to developers and early-stage startups based in Japan that are building on the XRPL. Priority will be given to projects focusing on use cases such as decentralized finance (DeFi), tokenized real-world assets (RWA), and digital payments.
Selection will be based on growth potential, technical sophistication, and alignment with Ripple’s strategic goals. In addition to funding, chosen startups will gain access to Ripple’s global network of partners and industry experts.
👉 Explore grant eligibility and application details
Building Ecosystem and Community Together
While Ripple contributes financial support and global connectivity, Web3 Salon will lead the effort in providing founder-focused resources. These include mentorship, specialized workshops, and networking opportunities designed to help startups refine their strategies, connect with investors, and navigate regulatory requirements.
This initiative goes beyond a typical grant program. It serves as a multi-stakeholder platform aimed at fostering dialogue between the public and private sectors. Through one-on-one sessions and open discussions, the project aims to bridge the gap between traditional finance and emerging blockchain technologies.
A Year of Momentum: Events Through March 2026
To maximize visibility and engagement, Ripple and Web3 Salon will co-host four major community events between now and March 2026. These events are designed to showcase promising startups, discuss policy developments, and bring together founders, regulators, and enterprise leaders.
Activities will include:
- Pitch competitions featuring Japan’s leading blockchain startups,
- Expert panels and fireside chats with global thought leaders,
- Investor meetups and ecosystem showcases,
- Educational workshops on tokenization, compliance, and international expansion.
Each event is structured to support not only individual startup growth but also the broader development of Japan’s digital asset ecosystem.
Japan’s Evolving Digital Economy
Japan has long been a global leader in regulatory clarity and consumer protection within the fintech space. However, its structured regulatory environment can also pose challenges for early-stage startups and emerging technologies. Through this partnership, Ripple and Web3 Salon aim to reduce barriers to entry and help innovators successfully navigate the local landscape.
“Japan is one of the most exciting and challenging markets for Web3 and blockchain adoption,” said Hinza Asif, President of Asia Web3 Alliance Japan. “Through this partnership with Ripple, we aim to support visionary founders and strengthen the bridge between global innovation and Japan’s tech landscape.”
Christina Chan, Senior Director of Developer Growth at RippleX, added: “Ripple is proud to collaborate with Web3 Salon to unlock new opportunities in Japan’s thriving startup ecosystem. Together, we hope to fuel innovation and support the next generation of leaders.”
With support from JETRO, the initiative also aims to attract more fintech startups and help them scale using blockchain technology.
This partnership signals a coordinated, global effort to bring institutional-grade infrastructure to one of Asia’s most forward-thinking economies. It highlights how collaboration between public institutions, private enterprises, and technology builders can drive meaningful innovation at scale.
Frequently Asked Questions
What is the focus of the Ripple and Web3 Salon partnership?
The partnership aims to support early-stage Japanese startups building on the XRP Ledger, particularly in areas like decentralized finance, tokenized assets, and digital payments. It provides financial grants, mentorship, and networking opportunities.
How can startups apply for grant funding?
Eligible startups can apply through the official XRPL Grants program. Selection is based on technological innovation, growth potential, and alignment with XRPL’s development goals.
What types of projects are eligible for funding?
Projects must be based in Japan and built on the XRPL. Priority is given to applications focused on DeFi, real-world asset tokenization, and payment solutions.
Will participants receive support beyond funding?
Yes, selected startups will gain access to mentorship, technical workshops, investor introductions, and regulatory guidance to help them scale effectively.
Who is supporting this initiative besides Ripple?
The Web3 Salon project is supported by the Japan External Trade Organization (JETRO) and operated by the Asia Web3 Alliance Japan, providing public and private sector backing.
How will this partnership benefit the broader blockchain ecosystem in Japan?
By providing capital, education, and networking opportunities, the program aims to strengthen Japan’s position as a leader in blockchain innovation and support the growth of a sustainable digital economy.