Ripple Adds 11 New Universities to its $50 Million Blockchain Research Initiative


Carnegie Mellon University, Cornell University, the National University of Singapore and Tsinghua University are among the new partners joining the University Blockchain Research Initiative (UBRI).

Photo: Max Pixel.

As the interest in blockchain is increasing, the world’s top universities are venturing into the field through research of this technology and its applications. With this in mind, the cryptocurrency firm Ripple announced last June a $50 million fund to create the University Blockchain Research Initiative (UBRI). Through collaboration with top universities around the world, Ripple aims to support and accelerate academic research, technical development, and innovation in blockchain, cryptocurrency, and digital payments.

Initially, UBRI’s first group of university partners consisted of 17 prestigious institutions around the world including Stanford University, the MIT Computer Science & Artificial Intelligence Lab, University of Waterloo, Haas School of Business, Delft University of Technology, and Princeton University.

According to Ripple’s website, the participating institutions will be able to determine their own research topics and priority areas of focus, while also engaging with Ripple to:

  • Collaborate on research and technical development that will stimulate widespread understanding and innovation in blockchain.

  • Create new curriculum to meet high student demand for learning about blockchain, cryptocurrency and other FinTech topics.

  • Stimulate ideas and dialog among students, faculty, technologists and business leaders on this topic.

This month, the cryptocurrency firm announced the expansion of the program thanks to a collaboration agreement with 11 more universities. This new cohort includes a broader and more global selection of leading university and college partners in a wide variety of academic disciplines. “In less than a year, our initial UBRI partners hit the ground running with the launch of new research projects, events, course offerings and more. Expanding the ecosystem to a more global, diversified network of UBRI partners will only continue to enrich these projects,” said Eric van Miltenburg, SVP of Global Operations at Ripple.

New UBRI partners are:

  1. Carnegie Mellon University

  2. Cornell University

  3. Duke University

  4. Georgetown University

  5. University of Kansas

  6. University of Michigan

  7. Morgan State University

  8. National University of Singapore

  9. Northeastern University

  10. University of Sao Paulo

  11. Institute for Fintech Research, Tsinghua University

The partners of the initiative will utilize UBRI resources to develop curricula, expand or launch courses, to host conferences and, more importantly, to award scholarships to faculty and students pursuing research work in blockchain, cryptocurrency, digital payments and related topics.

For more information about Ripple’s University Blockchain Research Initiative and its partners, visit