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Ripple Joins $40M Decentralized Infrastructure Fund by Dispersion Capital for Web 3.0 Boost

Ripple Labs Inc, a US fintech company that recently launched a CBDC platform, has joined a $40 million decentralized infrastructure fund created by venture capital firm Dispersion Capital. The fund aims to boost Web 3.0 infrastructure that transcends protocols and networks, and will distribute funds to startups in their pre-seed and seed rounds. Dispersion Capital's focus is on promoting decentralization, equipping developers to design innovative applications that leverage the true potential of blockchain technology. The firm aims to bridge the gap by funding the creation of standard platforms and tools that will help developers unleash the true potential of blockchain technology.

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