The University of Morgan State has received a $1 million grant from Ripple to contribute to a comprehensive FinTech research agenda and education. The three-year $1,050,000 grant completion goal is to restructure and modernize the university’s National FinTech Center, providing additional innovative capacity and effectively equipping students for a fast-changing FinTech environment.
The collaboration between Morgan, Ripple, and the University Blockchain Research Initiative (UBRI) has been in existence since 2019 and has been growing the blockchain, cryptocurrencies, and cybersecurity dominion at the Historically Black Colleges and Universities (HBCUs).
Lauren Weymouth, Ripple Senior Director of University Partnerships, highlights the mission of Ripple which is to support technology growth through philanthropy and research. Weymouth stresses the power of collaboration between universities and businesses for taking finance on the roadmap to the future where blockchain technology lights the way.
The capital inflow leads the team of Morgan’s FinTech Center to discover transforming technologies like blockchain and cryptocurrency with Morgan University being in such a position of financial innovations.
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