Ripple Partners with HashKey DX to Introduce XRPL-Powered Solutions in Japan

• Ripple collaborates with HashKey DX to introduce XRPL solutions in Japan’s market.
• SBI Group companies will pioneer the utilization of XRPL-powered supply chain finance solutions.
• HashKey DX’s proven success in mainland China paves the way for blockchain innovation in Japan

Cryptocurrency company Ripple has announced a strategic partnership with HashKey DX which is a specialized consulting firm based in Tokyo and a part of the HashKey Group. The aim of this collaboration is to introduce enterprise solutions powered by the XRP Ledger (XRPL) to the Japanese market.

HashKey Group has had notable success with its blockchain-enabled supply chain finance solutions in mainland China since their launch in July 2019. These solutions have garnered significant adoption with over 4,000 companies, including 23 banks and 4,300 suppliers registered on the platform. The total trade amount facilitated exceeds 7 billion USD, with financing transactions nearing 3 billion USD.

Drawing upon this success, HashKey DX will work alongside Ripple and SBI Ripple Asia, a joint venture between SBI Holdings and Ripple to introduce similar supply chain finance solutions to Japan. These …

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