thecryptobasic.com
Brinc, a Hong Kong-based venture capital firm, has launched a new $XRP Ledger-based innovation program in partnership with Ripple.
The company announced that applications for the Hong Kong Financial Innovation Program (HFIP) opened on June 8, 2026.
Through this initiative, Brinc and Ripple plan to support startups developing the next generation of payment systems and financial infrastructure, focusing on Hong Kong and the broader Asian market.
The XRPL-Powered Hong Kong Financial Innovation Program
Notably, the accelerator brings together Brinc and Ripple to help early-stage companies grow. The program uses the $XRP Ledger as its core technology and targets startups ranging from pre-seed to Series A stages.
HFIP seeks to attract founders working on solutions for cross-border payments, settlement networks, stablecoin infrastructure, and other technologies related to the payments sector.
According to the disclosure, the goal is to help startups build practical financial tools that can serve businesses and institutions across Asia.
Startups selected for the program will receive guidance from experienced operators and investors. Participants will also gain access to global corporations and institutional partners, which should give them opportunities to build valuable business relationships.
The accelerator also allows participants to apply for non-dilutive grant funding, which enables them to secure financial support without giving up equity in their companies.
Brinc and Ripple called HFIP a first-of-its-kind accelerator designed to help grow the future of finance in Asia. The program builds on XRPL’s ability to process fast and low-cost cross-border transactions. Applications are currently open through a link shared in the official announcement.
Brinc Expands into the XRPL Ecosystem
Brinc is a global venture capital and accelerator firm headquartered in Hong Kong. The firm operates in several regions, including Hong Kong, Singapore, the United Arab Emirates, India, Japan, and the broader Middle East and North Africa region. It manages a range of accelerators, corporate innovation programs, and investment initiatives.
Before launching HFIP, Brinc introduced a Hong Kong-based Web3 accelerator in 2025 alongside Octopus, XDC Network, and IDA. This initiative focused on payment and loyalty solutions.
Meanwhile, the new accelerator adds to Ripple’s efforts to support developers and businesses building on XRPL. The company already supports ecosystem growth through programs such as XRPL Grants and the XRPL Accelerator.
Ripple has previously worked with Tenity in Singapore and the Dubai International Financial Centre (DIFC) on accelerator programs that provide funding and mentorship. The company also supports regional funds in Japan and South Korea while continuing to work on pilot projects with financial institutions.
$XRP Penetrating Hong Kong
HFIP launches as Hong Kong strengthens its position as a center for fintech and Web3 innovation. Supportive policies from the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have helped create a favorable environment for financial technology and digital asset development.
Ripple already has experience working within Hong Kong’s financial innovation ecosystem. In 2023, the company participated in the HKMA’s e-HKD central bank digital currency pilot, where it explored tokenized real estate and home equity line of credit use cases alongside Fubon Bank.
The Hong Kong Financial Innovation Program builds on those efforts by encouraging the use of XRPL for real-world payments, stablecoin infrastructure, and settlement solutions throughout Asia’s leading financial center.