- Ripple and JasmyCoin may partner up soon based on recent market moves.
- Ripple has launched a blockchain investment fund in Korea and Japan.
- Japan’s most known blockchain project is JASMY, both XRP and JASMY could moon.
JASMY enthusiasts are thrilled by the momentum of the token over the last few weeks. Amidst the latest crypto correction phase, speculation around JasmyCoin’s next partnership grows around a possible collaboration with Ripple.
#jasmy fam
Follow along on this post. I think #Ripple will invest in @JasmyMGT if they haven’t already. You can call me crazy by the end of summer 2025 if we don’t succeed:
So @Ripple is starting a fund to invest in blockchain companies in South Korea and Japan. The fund… pic.twitter.com/JlgQO0Ipfv
— DipMehtaVerse (@DipMehtaVerse) June 12, 2024
In detail, a JASMY enthusiast shares his thoughts on how a JASMY and Ripple partnership is inevitable if it hasn’t already begun. Specifically, he believes that Ripple will invest in JASMY and that it will happen by the summer of 2025.
His reasoning behind this is that Ripple just announced it having started a fund to invest in blockchain companies in Korea and Japan. More so, the fund will invest 1 billion XRP ($500 million). Accordingly, JASMY CFO said South Korea and other Asian countries are a huge part of JASMY’s business.
The post then highlights Japan’s national strategy revolving around digital assets and how Japan has only a few known blockchain companies. Besides JASMY, Astar and Soramitsu have been recognized. More importantly, Ripple already has a partnership with SBI Japan.
What makes a partnership between Ripple and JASMY more likely is that Japan has eased crypto laws allowing Japanese VCs to invest in blockchain companies. Ripple and SBI are already working together and JASMY already has a good relationship with SBI.
Thus, in the eyes of the user, the next clear step for Ripple and JASMY is to come together in collaboration. The post also mentions how the Winklevoss twins believe the bull run will come from the east this cycle. Perhaps this is the move that will finally trigger it and usher in an epic bull spike for both XRP and JASMY.
