Ripple Partners with UC Berkeley for Digital Asset Program

Ripple Partners with UC Berkeley for Digital Asset Program

Key Takeaways:

  • Ripple partners with UC Berkeley for digital asset acceleration.
  • XRP Ledger used for scaling digital products.
  • Nine startups graduate, showcasing $58M in tokenized assets.

Ripple and UC Berkeley launched the University Digital Asset Xcelerator (UDAX), a six-week program to advance digital asset development on the XRP Ledger starting in autumn 2025, with a demonstration day in January 2026.

Ripple’s collaboration with UC Berkeley shows its commitment to integrating academic insights with practical applications in blockchain, potentially impacting digital asset markets and fostering innovation in the XRPL ecosystem.

Ripple and UC Berkeley have teamed up to create the UDAX program, designed to bridge academic and practical applications for digital assets. The program guides startups in developing products on the XRP Ledger.

The partnership features inputs from Ripple’s engineering and XRPL expertise, along with UC Berkeley’s faculty engagement. This accelerator program aims to generate impactful projects within the blockchain sector.

Market impacts from the cohort include $58M in tokenized assets and various XRPL-based product launches, influencing sectors like decentralized insurance and digital collectibles. The project targets a structured growth focus.

The nine startups involved have showcased marked progress, with increased product maturity and confident fundraising. Ripple’s mentoring and XRPL technical support prove vital in achieving these results.

“The UDAX program is a key step in fostering innovation and scaling digital asset projects on the XRP Ledger, and we are excited to support the next generation of founders in this space.” – Chris Larsen, Co-founder, Ripple

No specific funding details were reported, but the potential exists for significant developments within the XRPL-based startup space. With no direct impacts on other cryptocurrencies, the program focuses on XRP and XRPL projects.

Ripple aims to foster innovation and provide startups with tools necessary for success. These efforts have produced substantial asset growth and innovative projects on the XRP Ledger, reinforcing Ripple’s role in blockchain advancement.

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