According to PANews, SBI Digital Community Co. Ltd. announced a new strategic partnership with Ripple Labs Inc. on Tuesday, aiming to promote the use of the XRP Ledger within the Web3 community. SBI Digital Community, a subsidiary of Japan's renowned financial services group SBI Group, focuses on promoting and expanding the use of Web3 technology. Based in Tokyo, SBI Digital Community will leverage Ripple's XRP Ledger to enhance Web3 services. The collaboration aims to expand the use of the XRP Ledger through SBI's 'Bto3' Web3 community, with a focus on increasing user interaction with blockchain technology and driving its application.
SBI Digital Community added that under this partnership framework, 'Bto3' will issue NFTs on the XRP Ledger and provide users with support on how to purchase and trade NFTs on the XRP Ledger. As a platform for issuing NFTs on the XRP Ledger, they will use XRP Cafe, a marketplace dedicated to the issuance, buying, and selling of NFTs on the XRP Ledger. This move is expected to encourage more enterprises to adopt the XRP Ledger, enhance user experience, and offer new B2C services. The company believes this is an important step towards making Web3 technology more accessible to the general public.