Ripple Labs has announced the creation of an accelerator program in Singapore designed to support entrepreneurs developing their business with the XRP Ledger (XRPL) network. The initiative is aimed at startups in the early stages of the Asia-Pacific region.
The program, known as XRPL Accelerator, began in September 2025, and Focus on real assets (RWA) tokenization, institutional distributed finance (defi) The intersection of artificial intelligence and cryptocurrency network technology. The initiative also participates in Tenity, a Swiss-based platform that supports startups in the financial and technology sector.
As part of the initiative, Singapore will offer domestic workshops and two weeks of face to face immersion. In Singapore, participating startups will culminate in demonstration day demonstrations where the project is presented to investors and ecosystem partners.
Fiona Murray, general director of Ripple’s Asia-Pacific region, said, “Singapore has established itself as a digital innovation leader. This accelerator will help recruit Singapore as the centre of talent, fostering a new generation of talent and boosting cases of scalable use in XRPL that benefits industries and communities across the region.
These types of initiatives are maintained, and as a result, true innovations sued by the market are the result of the XRP price effect, there may be a Ripple cryptocurrency. The fact that it facilitates the development of specific cases of XRPL uses is to give XRP more institutional awareness.
At the time of publication of this memo, the XRP price is $2.28. This looks like this as you can see in the image in the following TrainingView:
As Cryptootics reports, so far, Ripple Labs’ alliances with other institutions have not had a significant impact on cryptocurrency prices as many of these platforms, such as Ripple payments, do not require the use of XRP.
but, In this case, the approach is placed in the development of the XRP ledgermeaning the use of cryptocurrency and could have a direct impact on its demand and therefore its price.