Institutional Backing for XRPL Growth
-

JFIIP has secured support from Mizuho Bank, SMBC Nikko Securities, and Securitize Japan, signaling strong institutional interest in the XRP Ledger. Analysts say the program is a low-cost funnel for identifying startups for Ripple’s larger 1 billion XRP developer fund in Japan and Korea. By connecting startups with established financial players, Ripple hopes to create real-world utility and drive adoption beyond speculative trading.