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Ripple establishes a $250 million fund to support NFT initiatives.

Ripple, the company behind the XRP cryptocurrency, is the latest to join the contest. It's set up a $250 million (Rs. 1,857 crores) fund to help digital artists and developers work on NFTs and build digital receipts for assets ranging from paintings, movies, and melodies to collectibles and concert tickets on the XRP Ledger.
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