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Bitcoin
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$103,839.00 4.52372
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Ethereum
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$2,305.96 19.30953
Ethereum price
BNB
BNB (BNB)
$633.27 3.21617
BNB price
Solana
Solana (SOL)
$165.31 8.93007
Solana price
XRP
XRP (XRP)
$2.34 7.06543
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000148 10.90475
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 31.83637
Pepe price
Bonk
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$0.0000205 10.82806
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dogwifhat
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Popcat
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Bitcoin
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Ethereum
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$2,305.96 19.30953
Ethereum price
BNB
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$633.27 3.21617
BNB price
Solana
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$165.31 8.93007
Solana price
XRP
XRP (XRP)
$2.34 7.06543
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000148 10.90475
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 31.83637
Pepe price
Bonk
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$0.0000205 10.82806
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dogwifhat
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$0.719806 15.79314
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Popcat
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$0.516052 9.45743
Popcat price
Bitcoin
Bitcoin (BTC)
$103,839.00 4.52372
Bitcoin price
Ethereum
Ethereum (ETH)
$2,305.96 19.30953
Ethereum price
BNB
BNB (BNB)
$633.27 3.21617
BNB price
Solana
Solana (SOL)
$165.31 8.93007
Solana price
XRP
XRP (XRP)
$2.34 7.06543
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000148 10.90475
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 31.83637
Pepe price
Bonk
Bonk (BONK)
$0.0000205 10.82806
Bonk price
dogwifhat
dogwifhat (WIF)
$0.719806 15.79314
dogwifhat price
Popcat
Popcat (POPCAT)
$0.516052 9.45743
Popcat price

Ripple works with Canada’s largest university on XRP validator initiative

Nicholas Ross Say
Edited by
News
Ripple works with Canada’s largest university on XRP validator initiative

In a collaboration under Ripple’s University Blockchain Research Initiative (UBRI) in Canada, the University of Toronto, Canada’s largest university, has announced its intention to establish an autonomous XRP ledger validator.

This initiative aims to foster the growth of the cryptocurrency industry and support advancements in payment processing technology.

The start of a new partnership

The University of Toronto, Canada’s largest university, has announced a new partnership with Ripple to establish an independent XRP ledger validator aimed at supporting the crypto industry’s future. 

The collaboration is part of Ripple’s University Blockchain Research Initiative (UBRI) in Canada, which has already invested over $2 million in the country’s leading educational institutions over a span of five years. 

The University of Toronto joins other Canadian UBRI partners, including the University of Waterloo and Toronto Metropolitan University, in leveraging this program to advance blockchain and crypto technology research while also providing students with skills for careers in the crypto space.

Expansion into Canada

As part of its global growth strategy, Ripple is significantly expanding its presence in Canada, extending beyond the growth of its University Blockchain Research Initiative (UBRI).

After establishing an engineering hub in Toronto less than a year ago, the company is actively recruiting top local technical talent to strengthen its exceptional office in the region.

Since July of the previous year, Ripple has nearly doubled its initial hiring goals, resulting in a Toronto team of over 30 full-time employees.

Ripple’s focus on Canada comes amid regulatory developments pushing exchanges like Binance out of the country in mid-May.