Singapore, July 3, 2025 – 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.
“Singapore has firmly established itself as a forward-thinking leader in digital innovation,” said Fiona Murray, Managing Director of APAC, Ripple. “This accelerator will help cultivate a new generation of talent and unlock scalable use cases on the XRPL that benefit industries and communities across the region, further establishing Singapore as a center for blockchain talent.”
“Singapore is committed to fostering an environment for responsible innovation that enables the growth of emerging technologies such as blockchain,” said Philbert Gomez, Senior Vice President, Executive Director & Head, Digital Industry Singapore. “Accelerator programs like this provide startups and innovators with the right start, and access to tools, networks, and expertise to develop real-world blockchain solutions that adhere to regulatory standards, generate efficiency, and economic value for the region.
“This partnership with Ripple to drive the next wave of blockchain innovation has been a longstanding one. The XRPL Accelerator will support and drive visionary founders who are reimagining financial systems, tokenizing real-world assets, and pushing the boundaries of what’s possible with AI and blockchain. This is more than an accelerator — it’s a launchpad for game-changing ideas to scale globally,” Jonas Thurig, Managing Partner, Tenity.
The hybrid program will include virtual workshops and two on-site immersion weeks in Singapore, culminating in a Demo Day where startups pitch to investors and ecosystem partners. Participants will receive hands-on support in areas including product strategy, token design, go-to-market planning, and investor readiness.
Applications are now open to startups and corporate teams with a clear market fit and the ambition to build high-impact ventures on the XRP Ledger. Teams interested in applying can find more information at tenity.com/programs/xrpl-accelerator-2025.
This initiative is part of Ripple’s broader commitment to supporting blockchain innovation in Asia-Pacific and furthering the growth of a trusted, inclusive ecosystem in Singapore.