HashKey Capital has officially launched Asia’s first XRP Tracker Fund, a product designed to offer institutional-grade exposure to XRP without requiring direct asset ownership, custody, or trading. The announcement, made via HashKey Capital’s official account on X, underscores a significant advancement in the accessibility of regulated investment vehicles centered on XRP, the third-largest cryptocurrency by market capitalization. This latest initiative marks HashKey Capital’s third digital asset tracker fund, following similar offerings for Bitcoin and Ethereum. The XRP Tracker Fund aims to mirror the market performance of XRP and is tailored specifically for professional investors seeking a regulated means of entering the XRP market. In what is considered a strategic first in Asia, the fund allows monthly subscriptions and redemptions through cash and in-kind contributions. HashKey Capital is launching Asia’s first XRP Tracker Fund—with @Ripple as an early investor. This marks a major step in expanding institutional access to XRP, the third-largest token by market cap. 🧵👇 — HashKey Capital (@HashKey_Capital) April 18, 2025 Ripple Participation and Strategic Expansion A key element of this launch is the involvement of Ripple as an early investor in the fund. Ripple’s role as a seeding participant in the fund reflects an expanding partnership with HashKey Capital. The collaboration between the two firms extends beyond this initial product, including plans to jointly develop additional blockchain-based investment products and decentralized finance (DeFi) solutions for cross-border applications. According to HashKey Capital, both companies are also exploring the tokenization of real-world assets (RWAs) on the XRP Ledger. Among the potential developments under review is the launch of a money market fund (MMF) directly on the XRP Ledger, signaling a growing interest in integrating traditional financial instruments within blockchain ecosystems. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Recognition of XRP’s Role in Payments The rationale for choosing XRP as the focus of this new tracker fund is grounded in the token’s established position in the cross-border payments sector . XRP is widely recognized for enabling more efficient, faster, and less costly transactions than conventional international payment systems such as SWIFT. In addition to its payments use case, XRP and the XRP Ledger have increasingly been employed for the tokenization of RWAs and enterprise blockchain deployments. By creating a product that removes many of the technical and regulatory complexities associated with direct digital asset holdings, HashKey Capital is positioning the XRP Tracker Fund as a gateway for institutional participants to enter the digital asset space via XRP. Potential for Future ETF Conversion The fund may also serve as a foundation for more expansive offerings in the future. HashKey Capital indicated that, subject to regulatory approval, the XRP Tracker Fund could evolve into an exchange-traded fund (ETF) within the next one to two years. Such a development would likely further accelerate institutional adoption of XRP by offering enhanced liquidity and broader market participation. The launch of the XRP Tracker Fund by HashKey Capital, with Ripple as an anchor investor, represents a deliberate and strategic push to bring more institutional capital into the XRP ecosystem. With plans to explore additional investment vehicles and tokenization efforts, both companies are aligning their long-term objectives around regulated digital asset access. For investors interested in participating, HashKey Capital has made the fund available for monthly entry and exit, and inquiries can be directed to [email protected]. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Turning Heads In Asia Like Never Before appeared first on Times Tabloid .
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