Ripple Extends Strategic Partnership with NYU Abu Dhabi to Boost Blockchain Research

Leading provider of digital asset infrastructure, Ripple, has renewed its strategic partnership with NYU Abu Dhabi through its University Blockchain Research Initiative (UBRI).

This extension reinforces Ripple’s commitment to advancing blockchain research and supports innovative student initiatives in the region, bringing the total funding for NYU Abu Dhabi’s research projects and student initiatives to over $1 million.

Reece Merrick, Ripple's Managing Director for the Middle East and Africa, stated, "Ripple and NYU Abu Dhabi share a vision of unlocking the full potential of blockchain research and innovation in the region. The UBRI program is crucial for supporting cutting-edge research and academic exploration, and this ongoing collaboration highlights Ripple’s dedication to advancing digital finance."

The UBRI program, which supports blockchain research at over 58 universities globally, has allocated over $60 million since its launch in 2018. Ripple’s efforts include providing technical resources and funding grants to drive the global adoption and interoperability of digital assets.

Lauren Weymouth, Director of University Partnerships at Ripple, emphasized, "Our initiative is dedicated to advancing blockchain research and education worldwide. Over the past year, we have funded 313 scholarships and research projects, and published over 150 research papers. We are excited to continue our collaboration with NYU Abu Dhabi to foster innovation and support the UAE’s growing digital economy."