udaxaccelerator

🟦 NEWS FLASH — LATE‑BREAKING UPDATE — SPECIAL COVERAGE 🟦
Time (New York City):— 9:58 PM EST 🕘🌃

Ripple and UC Berkeley have officially launched the University Digital Asset Xcelerator (UDAX), a high‑impact accelerator designed to fast‑track real‑world innovation on the XRP Ledger 🚀📡.
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According to multiple reports, the six‑week pilot hosted at UC Berkeley brought together nine startups, Ripple engineers, and multidisciplinary Berkeley faculty to transform academic blockchain ideas into deployable products, boosting institutional-grade XRP utility. [livebitcoinnews.com], [cryptopolitan.com]
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The pilot produced measurable results, including WaveTip moving to XRPL Mainnet, X‑Card onboarding over $1.5M in digital assets, and CRX Digital Assets increasing tokenized volume from $39M to $58M through Ripple’s global payments infrastructure 💳🌍.
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Meanwhile, climate‑risk microinsurance startup BlockBima tripled its user base, and Blockroll advanced stablecoin-backed virtual cards supporting African freelancers—highlighting XRP’s expanding role in cross‑border financial access 🌐💼. [blockonomi.com], [coinalertnews.com]

Ripple emphasized that UDAX bridges academic innovation with institutional-scale deployment, delivering hands‑on engineering support, mentorship, and access to venture capital networks.

The program concluded with a high-profile demo day in San Francisco featuring Ripple co-founder Chris Larsen and CTO Emeritus David Schwartz, signaling a significant push to strengthen the XRP ecosystem through real‑world utility and enterprise adoption ⚙️🏛️. [ripple.com], [news.bitcoin.com]

#️⃣ #XRPLedger #RippleNews #CryptoInnovation #UDAXAccelerator