Title: Ripple Forges Alliances with Tokyo Division of Billion-Dollar Company to Drive XRPL-Powered Solutions in Japan 🚀
Payments firm Ripple has established a new collaboration with the Tokyo-based arm of HashKey Group to introduce XRP Ledger-based supply chain finance solutions to Japan.
Ripple and HashKey DX Partner Up
Ripple and HashKey DX, a Japanese consulting company under HashKey Group, have joined forces to bring blockchain-powered supply chain finance solutions to Japan.
- Ripple and HashKey DX are teaming up
- SBI Holdings collaborating with Ripple in Japan
HashKey Group Overview
HashKey Group is a Hong Kong-based Web3 infrastructure developer with a valuation exceeding $1.2 billion. They recently launched blockchain-powered supply chain finance solutions in mainland China, partnering with 23 banks and 4,300 suppliers.
Expanding Solutions to Japan
Following their success in China, Ripple and HashKey DX are now focusing on offering similar supply chain finance solutions in Japan.
- SBI Group companies to be first to utilize these solutions
- Exploring collaboration on enterprise blockchain use cases
XRP Trading Update
Currently, XRP is trading at $0.4975, marking a 4% decline in the past 24 hours. This positions XRP as the eighth-ranked cryptocurrency by market capitalization.
Closing Thoughts on the Partnership
With this new alliance, Ripple is venturing into the Japanese market alongside HashKey DX to introduce cutting-edge XRPL-powered solutions for supply chain finance.
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