The new project will provide financial support to companies that develop products and services for XRP. Ripple has already revealed a few projects they’ve already funded – $25 mln invested in XRP, $150 mln in Million VC Fund, in addition Ripple executives Stefan Thomas (CTO) and Chris Larsen (executive chairman and co-founder) invested in Omni. This new initiative could boost its already impressive market cap, and can also help new projects to get funding to develop new products.