<p>Ripple’s Xpring initiative has invested at least $500 million in various projects since it was launched in 2018.<br /> <br /> The Block’s John Dantoni <a href="https://www.theblockresearch.com/mapping-out-xprings-digital-asset-ecosystem-investments-67368">tracked</a> Xpring’s investments and found that the initiative has contributed to at least 27 projects to date, including Compound, Dharma, Securitize, Bitso and Forte.<br /> <br /> Xpring invested $100 million in Forte last year - a blockchain-based gaming platform, which <a href="https://www.prnewswire.com/news-releases/forte-and-ripples-xpring-form-100-million-fund-to-accelerate-mainstream-use-of-blockchain-in-games-300810578.html">leverages</a> Xpring's open-source Interledger Protocol with XRP serving as a base pair settlement. Many of Xpring’s investments are related to Ripple’s core business model, centered around XRP and payments development, as Dantoni noted.<br /> <br /> Last year, Xpring made at least 18 investments. This year, the initiative has been quiet, with only two investments so far - in crypto ATM provider Coinme and blockchain platform for decentralized applications NEAR Protocol.<br /> <br /> To know Xpring’s <a href="https://www.theblockresearch.com/mapping-out-xprings-digital-asset-ecosystem-investments-67368">all 27 investments</a> to date, and more such research-based stories, subscribe to <a href="https://www.theblockcrypto.com/genesis">The Block</a>.</p>