XRP Tracker Fund Coming to Asia from HashKey with Ripple as Lead Investor
HashKey Capital Launches XRP Tracker Fund in Asia With Ripple as Lead Investor
The fund's primary goal is to facilitate institutional investors' access to XRP for cross-border payments and cryptocurrency investments in Asia.
Francisco Rodriguez | Edited by Sheldon Rebeck on April 18, 2025, 8:11 AM
Important information:
- HashKey Capital has introduced the XRP Tracker Fund, the first such tracker in the Asian region.
- The fund will be available to professional investors, offering the opportunity to invest in XRP without direct management and providing liquidity on a monthly basis.
- Ripple, which uses XRP in its payment system, is one of the fund's first backers and intends to collaborate with HashKey on developing future financial solutions.
HashKey Capital has announced the launch of the first investment fund in Asia that will track the performance of XRP, the digital asset integrated into Ripple's global payments infrastructure.
The new fund, called the HashKey XRP Tracker Fund, will be available to professional investors and will allow them to invest in XRP without having to directly manage the asset. It will offer the ability to purchase with both cash and in-kind subscriptions, and will provide monthly liquidity.
Ripple will be one of the fund’s first backers. The investment cements a strategic relationship with HashKey, which already offers Hong Kong-listed Bitcoin (BTC) and Ethereum (ETH) spot ETFs.
The company will continue to work with Ripple to develop additional financial products, said Vivienne Wong, a partner at HashKey Capital. One possibility being considered is tokenizing a money market fund on the XRP Ledger.
Fiona Murray, Ripple's managing director for Asia Pacific, stressed that the partnership with HashKey is part of a wider initiative to provide institutions in the region with more regulated crypto products.
