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Ripple | XRP | Ripple price | Ripple news | Xpring

Ripple is looking to build up an ecosystem around its native digital asset through the launch an initiative called Xpring (pronounced Spring), which will invest in, incubate, acquire and provide grants to startups using XRP and the XRP Ledger.

According to Coinmarketcap.com, XRP has a total ‘coin market cap’ of $28.7 billion currently, yet it is barely used beyond a handful of pilot customer deployments that Ripple has announced.

In an announcement on the official website, Ripple explains Xpring as follows:

“Xpring is a new initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. Every entrepreneur will use the digital asset XRP and the XRP Ledger, the open-sourced, decentralized technology behind XRP, to solve their customers’ problems in a transformative way.”

The Xpring initiative m...

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