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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