Ripple, a leader in enterprise blockchain and crypto solutions, has partnered with global fintech incubator Tenity to launch a new accelerator program designed to support entrepreneurs building on the XRP Ledger (XRPL). This initiative strengthens Singapore’s position as a blockchain hub and deepens its local talent pipeline.
Singapore has rapidly emerged as one of the world’s leading centers for digital asset and blockchain innovation. Singapore's blockchain sector attracted nearly USD 750 million in investments in 2024, making up approximately 60% of total fintech funding within the country and is home to over 300 crypto and blockchain companies. Against this backdrop, Singapore has become a launchpad for global blockchain ventures and innovation.
The XRPL Accelerator, commencing in September 2025, will run twice annually and support startups and corporate innovation teams, including those based in Singapore, developing next generation blockchain solutions. With a focus on real-world asset tokenization, institutional DeFi, and the intersection of AI and blockchain, the 12-week program offers up to USD 200,000 in non-equity funding, mentorship from leading industry experts, and access to Ripple’s global ecosystem of investors and partners.