A new startup support initiative focused on the XRP Ledger has been introduced through a partnership between Seoul FinTech Lab and XRPL Korea. The program is designed to help innovators transform their ideas into fully developed businesses built on the XRPL.
According to a report by Korea Startup Post, the initiative is called the Korea Financial Innovation Program 2026. Ripple is serving as the main sponsor, alongside about 21 partner organizations that include venture capital firms and accelerators. These partners aim to connect South Korea’s blockchain ecosystem with global opportunities.
The program will run for three months. Applications and preliminary screening will take place from April 1 to May 6. From there, 12 selected teams will move into the main phase scheduled between May 4 and May 13. The final event will be held on June 25 at Two IFC The Forum in Seoul’s Yeouido district. Both individuals and teams are eligible to apply.
Ahead of the main program, organizers will host a series of online sessions throughout April covering technical onboarding and market trends. An in person briefing and insight session is also scheduled for April 22.
Participants will receive a range of support services during the program, including business consulting, blockchain mentoring, and networking opportunities. Additional benefits include legal guidance, investment evaluations, and invitations to international conferences. Teams may also gain access to residency at Seoul FinTech Lab.
A dedicated community platform called Milgram will provide educational materials on XRPL technology, along with resources on business growth, regulatory developments, and personalized consulting. Individual applicants may be matched with teams, and those who advance will receive assistance in attracting investment.
At the conclusion of the program, the top team will be awarded 5 million Korean won, which is about 3,340 dollars. Second and third place teams will receive 3 million and 2 million won respectively. Special awards of 1 million won each will be presented by partners such as Toss and the Korea Fintech Industry Association. In addition, Bae Kim and Lee will provide legal advisory services valued at 6 million won per year to the top two teams.
The total prize pool amounts to 32 million Korean won, or about 21,390 dollars. Beyond the financial rewards, XRPL Korea will also offer participants a pathway to the XRPL Grants program, which can provide funding support of up to 200,000 dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
