Ripple and Catalyze Research have joined forces to enhance the prominence of the XRP Ledger (XRPL) within South Korea’s dynamic crypto market. Catalyze Research, a consultancy specializing in Web3 and blockchain solutions, announced on Twitter, revealing their collaboration with Ripple. The primary goal of this partnership is to empower local developers and strengthen the position of XRPL in South Korea’s thriving crypto ecosystem.
Ripple and Catalyze Research Partnership
The Ripple official blog showcased the partnership and emphasized Catalyze Research’s esteemed reputation as a top Web3 and blockchain consulting firm. Their combined effort aims to unlock the vast potential within South Korea’s community of crypto-based developers, thus strengthening XRPL’s presence in the country.
Central to this collaboration is the shared vision of empowering South Korean developers. The initiative will focus on providing XRPL development education specifically tailored to meet the requirements and interests of software engineers in South Korea.
Ripple’s Vice President Shares His Excitement
Markus Infanger, Ripple’s Vice President of RippleX Growth, expressed great excitement about the partnership, recognizing South Korea’s position as a thriving center for blockchain technology.
Related Reading: Ripple Sells 2.23B XRP in 2023: What Does It Mean for the XRP Community?
He underscored the common goal of promoting growth and widespread adoption, with a particular focus on equipping South Korean developers with the necessary support to fully harness the capabilities of the XRP Ledger.
Catalyze Research Chief Responds
Ben Ko, the CEO of Catalyze Research, shared a matching sentiment, affirming their objective to speed up the expansion of XRPL in South Korea by fostering innovation and collaboration.
Ko envisions fostering an environment that will spur rapid growth within South Korea, thus helping the country become a global leader in the field of blockchain technology.
Importantly, the collaboration with Catalyze Research is one of numerous initiatives recently undertaken by Ripple to stimulate development and innovation. According to The Crypto Basic, Ripple has also teamed up with other projects to experiment with the creation of central bank digital currencies and stablecoins.
