Ripple Launches UDAX Accelerator with UC Berkeley

Ripple has unveiled the University Digital Asset Xcelerator (UDAX) program in partnership with UC Berkeley, marking a strategic expansion of its blockchain education efforts. The inaugural cohort graduated nine startups that collectively achieved $58M in tokenized volume and onboarded $1.5M in inventory during the six-week intensive program.

The UDAX initiative evolved from Ripple's University Blockchain Research Initiative, designed to transform early-stage blockchain concepts into institutional-grade solutions on the XRP Ledger. Co-founder Chris Larsen and CTO Emeritus David Schwartz presented at the closing summit, where founders showcased their progress to 13 leading venture capital firms.

Nine Startups Transform XRP Ledger Landscape

WaveTip successfully transitioned to XRPL Mainnet during the program, launching instant tipping functionality for Twitch streamers on the Chrome Web Store. The platform capitalized on Ripple's technical mentorship to achieve production deployment within the accelerator timeline.

X-Card emerged with $1.5M in onboarded inventory, creating liquidity solutions for physical collectibles. The startup forged partnerships with merchant communities representing thousands of collectors, validating demand for asset tokenization.

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CRX Digital Assets leveraged the program to scale Brazilian credit offerings globally using Ripple's payments network. The team grew their tokenized volume from $39M to $58M, demonstrating institutional appetite for XRPL-based capital markets infrastructure.

Blockroll launched stablecoin-backed virtual cards for African freelancers, capitalizing on RLUSD momentum. CEO Sadiq Isiaka stated the platform now enables financial access use cases including debit cards that work globally, unlocking wealth-building opportunities through stablecoin yields and tokenized U.S. stocks.

67% Product Maturity Surge Validates Accelerator Model

BlockBima tripled active users while building automated climate-risk microinsurance for vulnerable communities. The team credited fundraising pitch refinement under Andrea Barrica's guidance as their greatest win, moving from uncertainty to investor-ready positioning.

Cohort-wide metrics revealed 67% average increase in product maturity and 92% growth in fundraising confidence. These figures validate Ripple's strategy of combining technical resources with institutional mentorship.

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Spout finalized complex equity tokenization models and secured multiple VC meetings through one-on-one architectural mentorship. EXFIL doubled their active user base and forged 50+ strategic relationships while sharpening their real-time blockchain threat intelligence platform.

Mintara Labs validated their crypto-bank insurance GTM strategy, generating revenue and underwriting initial deposits during the program. WellArrive refined their vision to a dual-sided marketplace model, solving data fragmentation issues for researchers and users.

Applications for the next UDAX cohort are now open. Ripple seeks mission-driven founders building breakthrough solutions on the XRP Ledger ecosystem.

Related: Ripple Crushes SEC: Is History About To Repeat?

#Ripple #XRPL #Blockchain #Startups #UCBerkeley

3 Key Takeaways:

1. Nine startups graduated UDAX achieving 67% average product maturity increase during six-week program
2. CRX Digital Assets scaled tokenized volume from $39M to $58M using Ripple's global payments network
3. WaveTip and Blockroll successfully launched production solutions on XRPL Mainnet during accelerator

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