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- Ripple and UC Berkeley launched UDAX to move blockchain ideas into real markets.
- The program focuses on enterprise use of XRP and the XRP Ledger.
- Startups gained technical support, funding access, and market readiness.
Ripple and the University of California, Berkeley introduced the University Digital Asset Xcelerator, known as UDAX. The pilot marks a shift in how academic blockchain research reaches institutions.
The initiative expands on Ripple’s University Blockchain Research Initiative, which has already been established at leading universities across the world. UDAX takes the mission even further. It focuses on the direct enterprise application of XRP and the XRP Ledger. The initiative seeks to fill the existing gap between concepts and actual implementation.
Founders get direct mentoring from the engineers at Ripple. They also get to connect to the venture capital networks all over the world. The emphasis remains on the practical side. Teams develop solutions that institutions can implement on a large scale. The launching point is UC Berkeley because of its track record in venture formation and research.
Ripple UDAX Cohort Explores Tokenized Finance
The initial set of UDAX was started in the fall of 2025. The accelerator program comprised nine start-ups and lasted for six weeks. The start-ups were heavily mentored by Ripple’s employees and faculty members from the University of California, Berkeley. The agenda was development, mentoring, and fundraising assistance.
There was a launch summit at Berkeley, and that kind of set the tone for what would be happening in the future. There were biweekly meetings, and then there were milestones that came after. The groups came from different industries. They worked on tokenized capital markets, decentralized insurance, and also services for creators. All of these events moved at a very fast pace.
WaveTip launched their tipping solution on the mainnet for the XRP Ledger and built their Chrome extension. X-Card expanded its business model for tokenized collectibles. The company onboarded over 1.5 million dollars in assets.
The conference ended with a demo day in San Francisco. Ripple and the main developers of the XRPL were present. Venture capitalists were also present. The startups pitched live results and not ideas. Even some startups pitched their products and users.
Crypto Teams Advance Fundraising and Expansion
UDAX contributed more to the table than code reviews. They assisted with business clarity. BlockBima enhanced its climate risk insurance offering. They increased their active users threefold and enhanced their reach to investors. The mentors helped founders to refine their pitch and growth plans.
The collective outcome included the improvement of product and fundraising confidence, as well as the progress of projects on the capital markets. CRX Digital Assets built global credit products on the XRP Ledger. They enhanced their volume of tokens and confirmed the availability of global access to liquidity.
Blockroll created virtual cards that were secured by stablecoins for freelancers in Africa. The platform utilized XRP instruments for global payment and access. Others addressed particular needs. Spout completed an equity tokenization framework.
EXFIL expanded its security intelligence services. Mintara Labs began to realize revenue through insurance of crypto-banking. WellArrive further developed its marketplace strategy with legal and business counsel.
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