The investment will further contribute to the development of the university's National FinTech Center.
The latest investment from Ripple will make it possible for MSU to be"at the forefront" of the ongoing"fintech revolution," according to Ali Emdad, the center's founding director. Ripple initially forged a partnership with MSU back in February 2019, promising to bring crypto-focused education and research programs to the Baltimore-based university as part of its long-running University Blockchain Research Initiative .
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