- HashKey Capital launches Asia’s first XRP fund.
- XRP Tracker Fund strengthens Asia’s crypto leadership.
HashKey Capital has officially launched the HashKey XRP Tracker Fund, the first investment fund in Asia that focuses solely on XRP. The new development takes digital assets in the region to a new level of accessible investment opportunities with proper regulations.
HashKey Strengthens Web3-TradiFi Bridge with XRP Fund
The fund has been established specifically for experienced investors. Professional investors can access XRP through this fund despite not needing to handle cryptocurrency management tasks themselves. The tracking fund monitors XRP performance as it ranks among the three top cryptocurrencies behind Bitcoin and Ethereum globally.
The main function of XRP becomes evident through its established role in international money transfers across borders. Financial institutions, together with banking organizations, adopt XRP as their border transaction solution, which provides fast transfers with substantially reduced expense. The fund enables HashKey Capital to fulfill its objective as a Web3 traditional finance (TradiFi) connector.
The XRP proves itself to be one of the leading innovative cryptocurrencies in global markets today, based on the assessment of Vivien Wong, who serves as Partner of Liquid Funds at HashKey Capital. XRP has become the currency of choice for global enterprises to execute transactions and tokenize assets, along with value storage operations. The fund creates simpler and more efficient ways for people to invest in XRP.
Investors who subscribe to or redeem shares through the XRP Tracker Fund can do so during each monthly period. The fund accepts both cash investments and investments through in-kind subscription methods. CF Benchmarks serves as the benchmarking company for the fund while having previously launched crypto ETFs in the United States and Asia-Pacific markets.
HashKey Capital has recently established its third fund within this particular tracker series. The company had established Bitcoin (3008.HK) ETFs and Ethereum (3009.HK) ETFs as partnerships with Bosera previously.
This XRP fund starts a new strategic partnership between Ripple and HashKey Capital while serving as their first joint venture. Through investment in this fund, Ripple confirms its commitment to supporting the alliance between the two companies.
XRP Fund Signals Asia’s Rise in Crypto Leadership
This partnership will bring together HashKey Capital’s expertise in asset management with Ripple’s deep knowledge of blockchain technology and payments. Wong predicted that this partnership would establish numerous prospects between DeFi solutions and enterprise blockchain deployment.
Wong discussed the upcoming plans for tokenizing a money market fund MMF on the XRP Ledger system. The partners demonstrate their commitment to extend their blockchain-based product line beyond this particular fund.
This financial fund represents for Ripple a crucial advancement toward standardized crypto investment in the Asian markets. According to Fiona Murray, who leads Ripple as its APAC Managing Director, “Institutional investors need regulated crypto products.” The newly established fund serves exactly this purpose. Asia is strengthening its position in crypto and blockchain technology by ensuring this development.
The HashKey XRP Tracker Fund marks a key achievement that fundamentally progresses Asian digital asset trading. The fund enables regulated XRP trading through deepened partnerships between leading crypto industry participants. As digital assets continue to grow in popularity, such innovations are likely to shape the future of finance in Asia and beyond.
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