đŠ NEWS FLASH â LATEâBREAKING UPDATE â SPECIAL COVERAGE đŠ
Time (New York City):â 9:58 PM EST đđ
Ripple and UC Berkeley have officially launched the University Digital Asset Xcelerator (UDAX), a highâimpact accelerator designed to fastâtrack realâworld innovation on the XRP Ledger đđĄ.
According to multiple reports, the sixâweek 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]
The pilot produced measurable results, including WaveTip moving to XRPL Mainnet, XâCard onboarding over $1.5M in digital assets, and CRX Digital Assets increasing tokenized volume from $39M to $58M through Rippleâs global payments infrastructure đłđ.
Meanwhile, climateârisk microinsurance startup BlockBima tripled its user base, and Blockroll advanced stablecoin-backed virtual cards supporting African freelancersâhighlighting XRPâs expanding role in crossâborder financial access đđŒ. [blockonomi.com], [coinalertnews.com]
Ripple emphasized that UDAX bridges academic innovation with institutional-scale deployment, delivering handsâon 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 realâworld utility and enterprise adoption âïžđïž. [ripple.com], [news.bitcoin.com]
#ïžâŁ #XRPLedger #RippleNews #CryptoInnovation #UDAXAccelerator