PANews reported on August 14 that according to Bitcoin.com, SBI Digital Community Co. Ltd. announced on Tuesday a new strategic partnership with Ripple Labs Inc. to promote the use of XRP Ledger within the Web3 community. SBI Digital Community is a subsidiary of SBI Group, a well-known Japanese financial services group, focusing on promoting and expanding the use of Web3 technology. Tokyo-based SBI Digital Community will use Ripple's XRP Ledger to enhance Web3 services. The partnership aims to expand the use of XRP Ledger through SBI's "Bto3" Web3 community, focusing on increasing user interaction with the blockchain and promoting its application.
SBI Digital Community added that under this cooperation framework, "Bto3 will issue NFTs on XRP Ledger and provide users with support on how to buy and trade NFTs on XRP Ledger. As a platform for issuing NFTs on XRP Ledger, we will use XRP Cafe, a marketplace dedicated to issuing, buying and selling NFTs on XRP Ledger." This move is expected to encourage more businesses to adopt XRP Ledger, improve user experience and provide new B2C services. The company believes that this is an important step in making Web3 technology more accessible to the general public.