Partnership Between Ripple and DIFC Aims to Propel Blockchain and Crypto Growth in UAE

Ripple has announced a partnership with the Dubai International Financial Centre (DIFC) Innovation Hub to advance blockchain and crypto innovation in the UAE. 

The collaboration aims to connect emerging developers with DIFC’s network of over 1,000 tech firms and institutions. Ripple will support this initiative with one billion XRP. Offering financial, technical, and business assistance to developers on the XRP Ledger (XRPL). 

Both Ripple and DIFC are focused on fostering innovation and integrating blockchain technology within traditional institutions. Reinforcing DIFC’s status as a leader in finance and technology.

Clever Robot News Desk 8th August 2024

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