Korean Web3 startup Girin Labs has announced that it has received funding from the recently established XRP Ledger (XRPL) Japan and Korea Fund, which is backed by Ripple, and is said to be the first funding support from the XRPL Japan-Korea Fund. Girin Labs will reportedly use the funding to accelerate the development of the Girin Wallet, an XRPL-focused wallet, and the Lotus protocol for DeFi services.