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Ripple launches $250 mil fund for creators to explore NFT and other tokenisation projects

Felicia Tan
Felicia Tan9/30/2021 10:54 AM GMT+08  • 2 min read
Ripple launches $250 mil fund for creators to explore NFT and other tokenisation projects
The fund is to provide creators with the financial, creative and technical support needed to explore and craft premium NFTs.
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Ripple, a remittance system built upon blockchain technology, announced that it is launching a $250 million fund on Sept 30.

The fund is to provide creators with the financial, creative and technical support needed to explore and craft premium non-fungible tokens (NFTs) and other tokenisation projects on the XRP Ledger.

The fund comes amid the heightened interest and boom in NFTs globally, which has introduced new revenue streams and business models.

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