Ripple Expands Its Presence in Japan with Latest Partnership

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Ripple Expands Its Presence in Japan with Latest Partnership
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San Francisco-based company Ripple has announced a partnership with Tokyo-based HashKey DX

HashKey DX, which is part of the HashKey Group, provides support for foreign companies that aim to speed up their growth in the Japanese market.

The main purpose of the partnership is to roll out enterprise solutions for Japanese customers with the help of the XRP Ledger. They will be launched in collaboration with SBI Ripple Asia, a joint venture between Japanese financial giant SBI and Ripple that went live back in 2018. Notably, SBI Group is going to pioneer this particular supply chain solution among Japan-based corporations.

In January, HashKey Group secured $100 million in funding after wrapping up its Series A financing round. It is currently valued at $1.2 billion. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.

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