Main to remember
- Asia’s first XRP Tracker Fund launched by Hashkey Capital with Ripple as an early investor.
- The fund will offer exposure to institutional investors to XRP without direct ownership challenges.
Share this article
Hashkey Capital, which is part of the main Digital Asset Financial financial network in Hashkey Group, introduces the first investment product in Asia linked to XRP, now the third largest cryptographic asset by market capitalization.
The fund, also known as Hashkey XRP Tracker Fund, is designed for professional investors who wish to expose XRP without the hassle of property management, guard or trading, the team shared an ad on X.
Ripple supports the fund as an early and anchor investor. According to Hashkey Capital, Ripple’s involvement is decisive in filling traditional finance and web3 innovation.
Thanks to the new offer, the team aims to provide a critical ramp for institutions seeking transparent access to the financial services based on blockchain.
The Hashkey XRP Tracker Fund allows subscriptions and buyouts in cash and in kind each month. He joined the growing list of Hashkey Capital Crypto investment products, including Bitcoin (3008.HK) and ETHEREUM (3009.HK).
Discussing the launch, Vivien Wong, partner, Liquid Funds at Hashkey Capital, said that XRP has established itself as a power in cross -border payments, allowing faster and cheaper transactions compared to traditional networks like Swift.
His blockchain, the big XRP book, is also a growing center for the tokenization of active active people (RWAS). This strengthens the usefulness and the call of XRP to financial institutions and companies around the world.
“XRP is distinguished as one of the most innovative cryptocurrencies on the current market, attracting the global companies that use it to transform, tokenize and store value,” said Wong. “With the first XRP Tracker fund available in the region, we simplify access to XRP, meeting the demand for investment opportunities in the best digital assets.”
See Benchmark, known for launching ETF products in the United States and Asia-Pacific, will serve as a supplier of reference of the fund.
“Institutional investors are impatient to access regulated products worldwide, and this is exactly what the Hashkey XRP Tracker Fund will provide in the Asia-Pacific region,” said Fiona Murray, CEO of APAC at RIPPLE.
Although it is currently structured as a private tracker fund at the disposal of professional investors, Hashkey Capital has suggested that the fund could move to a full -fledged fund (ETF) in the coming to two years, pending regulatory approvals.
Beyond the Tracker fund, Hashkey Capital and Ripple explore a wide range of joint initiatives, said the asset manager. These include developing new investment products, decentralized cross -border financing solutions (DEFI) and tokenization strategies.
Hashkey Capital added that the two entities are in talks at the launch of a monetary fund in Tokenized on the large XRP book.
XRP investment products are gaining ground
The launch of the Hashkey XRP Tracker Fund intervened while the investment products linked to XRP gain ground in the world.
Brazil has become the first country in the world to approve an ETF XRP Spot, the hashdex Nasdaq XRP index Fund, which will be registered on the B3 scholarship. The fund managed by Hashdex will directly hold XRP, offering investors regulated and transparent exposure to the main asset in cryptography.
In the United States, several applications for ETF XRP Spot are being a dry examination, and industry experts are optimistic about their possible approval.
Earlier this month, TeUcrium launched the first ETF XRP with American leverage, which experienced solid trading volumes. The product is intended for short -term negotiations and does not directly hold XRP; Instead, he uses Swaps referring to European ETPs XRP.
Share this article
