The Payments Company Ripple has teamed up with Hashkey Capital to start the first XRP tracker fund in Asia. The new fund pursues the price of the XRP cryptocurrency in accordance with the statements of both companies.
Ripple steps as anchorervestor
The Crypto Community Figure Crypto Eri initially emphasized the partnership and found that the payments in San Francisco will invest in the new Hashkey XRP Tracker Fund.
The fund is an important step to expand institutional access to XRP in Asian markets. As Hashkey reports, this is the first of potentially several such investment products in the region according to the price -performance of XRP.
Big XRP News in Japan 🇯🇵. @Ripple To make first investments in Asia’s first #Xrp Investment product.
Professional investors receive XRP without keeping the asset directly. Investors can purchase the fund with cash or benefits in kind, and the fund is structured to take them into account. pic.twitter.com/phs3urvraq
– 🌸Crypto eri ~ carpe diem (@sentosumosaba) April 18, 2025
Image: Kraken Blog
How the fund for investors works
Investors of the fund can have flexible participation options. Investors can do their contributions through conventional Fiat funds or pay in the form of benefits in kind. The structure of the fund grants the subscriber Liberty to buy or redeem stocks per month.
Hashkeys Liquid Fund Partner Vivien Wong identified the increasing relevance of XRP in the crypto room. She stated that XRP was interested in global companies that use it for various things, including the tokenization of assets and as a value memory.
Ripple sees growing demand in the Asian-Pacific area
Fiona Murray, the managing director of Ripple at Asia-Pacific, underlined the increased demand for digital asset products in regulated framework conditions for professional investors in the entire region.
The companies don’t just focus on the tracker fund. According to reports, they also intend to seek other ways to search for other options, e.g. B. the introduction of a money market fund into the XRP Ledger (XRPL).
Widerer context of the XRP investment growth
Hashkey Capital has become a leading player in the cryptocurrency industry. The company already offers investment products connected to Bitcoin and Ethereum. Both the Bosera Hashkey Bitcoin Spot ETF and the Bosera Hashkey Ethereum Spot ETF, which is listed on the Hong Kong Exchange.
The new XRP tracker fund is Hashkey’s third cryptocurrency investment product. The company says that it will convert the XRP product into a stock market fund within two years that is subject to the necessary official permits.
This follows an increased institutional demand for XRP. In the United States, over 11 institutions submitted applications to the US Securities and Exchange Commission to list spotty XRP ETFs.
Selected picture of medium, diagram from Tradingview
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