Ripple Announces $50 Million Blockchain Research Initiative

Ripple to partner with universities in order to encourage the development of an ever more robust and valuable ecosystem according to Insights, the companies blog.
Ripple to Contribute $50 Million to Universities
The company states that as one of the most mature entities in the space Ripple is uniquely situated to act as a partner with academic institutions to lead blockchain development projects. That is why it has started the University Blockchain Research Initiative (UBRI) to support