Ripple has shared an update.
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Ripple and UC Berkeley’s University Blockchain Research Initiative have launched the University Digital Asset Xcelerator (UDAX), a pilot program aimed at advancing academic innovation into institutional use cases for XRP. The initiative focuses on scaling enterprise solutions built on XRP, supporting the progression of early-stage ideas toward market readiness, and connecting founders with Ripple engineers and global venture capital investors.
For investors, this program signals Ripple’s strategic effort to deepen its ecosystem around XRP by fostering real-world, enterprise-grade applications emerging from academic research. By positioning itself at the intersection of academia, startup formation, and institutional adoption, Ripple may increase the pipeline of projects that leverage XRP for payments and other use cases, potentially supporting long-term network utility and transaction volume. Access to founders and VCs through UDAX also strengthens Ripple’s role as a key enabler in the digital asset infrastructure space, which could bolster its competitive positioning versus other blockchain networks targeting institutional use. While the financial impact is indirect and likely medium- to long-term, successful commercialization of UDAX-supported projects could enhance XRP’s demand profile and reinforce Ripple’s standing within the enterprise blockchain and digital payments markets.