Hong Kong-based venture capital firm Brinc has launched a new innovation program powered by the XRP Ledger, 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 aim to support startups focused on next-generation payment systems and financial infrastructure, with an emphasis on Hong Kong and the broader Asian market.
The XRPL-Powered Hong Kong Financial Innovation Program
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 founders working on solutions for cross-border payments, settlement networks, stablecoin infrastructure, and other payment-related technologies. The goal is to help startups build practical financial tools that can serve businesses and institutions across Asia.
Selected startups will receive guidance from experienced operators and investors. Participants get access to global corporations and institutional partners, which should open doors for valuable business relationships. The accelerator also allows participants to apply for non-dilutive grant funding, meaning they can secure financial support without giving up equity in their companies.
Brinc and Ripple called HFIP a first-of-its-kind accelerator designed to grow the future of finance in Asia. The program builds on XRPL’s ability to process fast, low-cost cross-border transactions. Applications are currently open through a link in the official announcement.
Brinc Expands into the XRPL Ecosystem
Brinc is a global venture capital and accelerator firm headquartered in Hong Kong. It operates in regions including Hong Kong, Singapore, the UAE, India, Japan, and the Middle East and North Africa, managing accelerators, corporate innovation programs, and investment initiatives. Before launching HFIP, Brinc introduced a Hong Kong-based Web3 accelerator in 2025 with Octopus, XDC Network, and IDA, which focused on payment and loyalty solutions.
The new accelerator adds to Ripple’s efforts to support developers and businesses building on XRPL. Ripple already backs ecosystem growth through programs like XRPL Grants and the XRPL Accelerator. It has worked with Tenity in Singapore and the Dubai International Financial Centre on accelerator programs providing funding and mentorship. The company also supports regional funds in Japan and South Korea while continuing pilot projects with financial institutions.
$XRP Penetrating Hong Kong
HFIP launches as Hong Kong strengthens its position as a fintech and Web3 innovation center. Supportive policies from the Hong Kong Monetary Authority and the Securities and Futures Commission have created a favorable environment for financial technology and digital asset development. Ripple already has experience within Hong Kong’s ecosystem. In 2023, it participated in the HKMA’s e-HKD central bank digital currency pilot, exploring 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 XRPL use for real-world payments, stablecoin infrastructure, and settlement solutions throughout Asia’s leading financial center.
