Hashkey Capital launches the Hashkey XRP Tracker Fund, Asia’s first investment fund tracking XRP. With the support of Ripple as an anchor investor, the fund aims to provide the risk of XRP without direct ownership. The collaboration marks an important step in expanding Asian institutional cryptocurrencies, leveraging Ripple’s expertise and Hashkey’s regional reach.
Source: Hashkey Capital
Today, Hashkey Capital has launched the Hashkey XRP Tracker Fund, a program designed to track XRP performance. As the first such fund in Asia, it provides professional investors with a regulated, accessible way to access XRP without direct ownership, such as managing crypto wallets or navigating volatility exchanges. Investors can subscribe through cash or in-kind donations and exchange stocks monthly to ensure flexibility and liquidity.
Learn more: How to Buy XRP in 5 Easy Steps
Ripple is a key player in blockchain-based payment solutions, and it uses the fund as its moderator investor, demonstrating strong confidence in the potential of XRP. According to the neighborhood, this partnership is the first of many planned collaborations between Hashkey Capital and Ripple. Vivien Wong, a Liquid Funds partner at Hashkey Capital, highlighted XRP’s innovative role and pointed out its appeal to transactions, tokenization and store of value for businesses around the world.
“With this fund, we simplified access to XRP to meet the growing demand for top digital assets,” Wong said.
Strategic collaboration between Ripple and Hashkey Capital
Hashkey XRP tracking fund is a key move to bridge traditional Asian finance and cryptocurrencies. Hashkey Capital oversees a suite of digital asset products, including BTC and ETH ETFs from the Hong Kong Stock Exchange. XRP Tracker Fund, its third tracker fund, leverages Hashkey’s extensive network of financial institutions, regulators and investors to expand the region’s Ripple influence.
In return, Ripple brings its expertise. This experience includes cross-border payments, decentralized finance (DEFI) and enterprise blockchain adoption, paving the way for future joint ventures.
Read more: Signals from XRP and Ripple
The partnership is aligned with Asia’s growing cryptocurrency traction. By offering regulated products, the fund addresses the need for investors who remain cautious about direct cryptocurrency exposure, thus facilitating wider adoption.
XRP’s market potential and ETF prospects
XRP’s $121 billion market cap emphasizes its prominence, lagging only behind Bitcoin and Ethereum. Its practicality in promoting fast, low-cost international transactions makes it a favorite among businesses and financial institutions.
The launch of the Hashkey XRP Tracker Fund is in the U.S. for expectations for live XRP Exchange-Trader Funds (ETFs), where companies like Grayscale are fighting for approval. Standard charter predicts that the first year of the U.S. XRP ETF could attract $8 billion inflows, and the SEC is expected to respond to Grayscale’s documents by May 22, 2025.
Source: Coinpedia
Hashkey Fund Assia is at the forefront of institutional cryptocurrencies and provides a competitive advantage. Its structure caters to professional investors seeking a diversified portfolio, while Ripple’s involvement ensures credibility and strategic consistency.
The Hashkey XRP tracking fund, powered by Ripple, marks a moment of change in crypto investment in Asia. As Ripple and Hashkey deepen their partnership, the fund could foster further innovations in Defi, Payments and Blockchain, thus cementing Asia’s role as a global cryptocurrency leader.
