ChainCatcher news, according to Cointelegraph, South Korean Web3 startup studio Girin Labs has announced that it has received funding from the newly established XRP Ledger (XRPL) Japan and Korea Fund, which is supported by Ripple. This is also the first funding support from the XRPL Japan-Korea Fund.It is reported that Girin Labs will use this funding to accelerate the development of Girin Wallet (a wallet focused on XRPL) and the Lotus protocol for DeFi services.