My dear friends at the DIFC, Minos Minas and Rami Mouradi are driving some big opportunities in the UAE! For all startups take a look and reach out!
Dubai’s rapid ascent as a global crypto hub is a testament to its forward-thinking approach to financial innovation, and Ripple is a key player in this transformation. With recent in-principle approval from the Dubai Financial Services Authority (DFSA), Ripple is set to expand its reach in the UAE as the first blockchain-enabled payment services provider licensed by the DFSA, introducing enterprise-grade digital asset infrastructure to Dubai’s financial landscape. As Brad Garlinghouse, Ripple’s CEO, put it, “Blockchain and crypto technologies are here to stay.” The UAE’s progressive regulatory framework, particularly within the DIFC, positions the country as a global leader in financial technology. While Ripple has traditionally focused on partnerships with large enterprises, it recently has extended support to high-growth startups through its RippleX Accelerators and Grants programs as part of its global 1B XRP Fund. With a shared commitment to advancing blockchain and digital assets, Ripple and DIFC Innovation Hub have partnered to launch the XRPL Launch Program in Dubai. This program targets global startups building on XRPL and exploring Dubai’s crypto ecosystem, connecting them with DIFC’s extensive innovation network to drive blockchain and digital asset growth in the UAE. The XRPL Launch Program offers: ?? Grants up to $100,000 USD (based on milestones and program completion) ?? Comprehensive scaling support through DIFC, Ripple, and our extended partners ??? Tailored technical mentorship to help build on XRPL and expand in Dubai’s thriving crypto ecosystem If you’re working on DeFi, tokenized real-world assets (RWA), or a unique use case and think XRPL might be the right platform for you, your product may be eligible if it meets one of the following criteria: ?? Integrated with the XRP Ledger ?? Have a feasible use case for the XRP Ledger ?? Have a feasible use case for the XRPL EVM Sidechain ?? Demonstrate potential to adopt Ripple’s Stablecoin (RLUSD) The XRPL Launch Program provides a unique opportunity to access funding, mentorship, and Ripple’s expertise, all within the supportive ecosystem of the DIFC Innovation Hub. ? Applications are reviewed on a rolling basis, with the final deadline on December 1. Apply below!