Ripple on Tuesday said it launched a Japan and Korea fund, aimed at driving blockchain innovation in the two markets.
“The launch of this fund is a testament to Ripple’s strong belief in the potential of Japan and Korea as pivotal regional hubs for blockchain innovation,”
said Emi Yoshikawa, vice president of strategic initiatives at Ripple, in a statement.
The expansion comes as the crypto industry faced a “hostile regulatory environment” in the U.S.
