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- Ripple has launched UDAX with UC Berkeley, supporting 9 XRP Ledger startups by a 6-week accelerator program.
- Ripple hosted a demo day with XRPL builders and 13 VC corporations, with remarks from Chris Larsen and David Schwartz.
Ripple has launched the College Digital Asset Xcelerator (UDAX), a brand new program created with UC Berkeley to assist early-stage groups constructing on the XRP Ledger (XRPL). The accelerator expands Ripple’s long-running College Blockchain Analysis Initiative (UBRI), which focuses on connecting tutorial analysis with sensible blockchain improvement.
UDAX is positioned as a bridge between prototype improvement and institutional readiness. Ripple stated the initiative is constructed to supply founders with technical assist, mentorship, and entry to funding networks to assist initiatives scale throughout the XRP ecosystem.
Introducing the College Digital Asset Xcelerator (UDAX). 🎓@UCBerkeley and Ripple’s College Blockchain Analysis Initiative launched a pilot program to speed up the transition from tutorial innovation to institutional XRP utility: https://t.co/KMyVjPvXT2
The UDAX – UC…
— Ripple (@Ripple) January 16, 2026
The primary cohort, UDAX–UC Berkeley, started in fall 2025 and ran as a six-week pilot. Ripple engineers labored with UC Berkeley college, lecturers, and trade specialists to information 9 startups by product improvement and fundraising preparation. This system opened with an in-person summit in Berkeley, adopted by structured teaching periods and dealing intervals geared toward progressing initiatives towards deployment.
The pilot closed with a summit and demo day at Ripple’s San Francisco headquarters. Ripple co-founder Chris Larsen and CTO Emeritus David Schwartz took half within the occasion, the place founders introduced to XRPL builders, Ripple management, and enterprise capital representatives.
XRP Startups Transfer Towards Mainnet Deployment
Startups within the inaugural cohort lined areas comparable to tokenized capital markets, decentralized insurance coverage, funds, and creator-focused instruments. WaveTip, a tipping software for Twitch streamers, moved to the XRPL Mainnet throughout this system and launched by the Chrome Internet Retailer. X-Card, which converts bodily collectibles into tradable belongings, reported onboarding greater than $1.5 million in stock.
Different members tracked measurable development through the six weeks. BlockBima, which builds climate-risk microinsurance for underserved communities, reported tripling lively customers and refining its fundraising pitch by mentor periods. Ripple stated groups reported a 67% common rise in product maturity and a 92% common rise in fundraising confidence by the tip of the cohort.
In tokenized credit score markets, CRX Digital Property labored on exporting Brazilian credit score choices to international markets and reported rising tokenized quantity from $39 million to $58 million. The workforce used Ripple’s funds community to check how establishments might use XRPL-based rails to succeed in worldwide liquidity.
Blockroll launched stablecoin-backed digital card merchandise geared toward African freelancers and referenced RLUSD as a part of its strategy to stablecoin settlement. Different groups included Spout, which developed an fairness tokenization mannequin, EXFIL, which targeted on blockchain menace intelligence, and Mintara Labs, which examined crypto-bank insurance coverage underwriting throughout this system.
Ripple stated further UDAX cohorts might observe, with continued concentrate on increasing developer exercise throughout the XRP Ledger ecosystem. On the time of reporting, Ripple’s token (XRP) traded at $2.06, down 0.17% over the previous 24 hours.
