HashKey Capital Launches First XRP Tracker Fund in Asia with Ripple Support
HashKey Capital launched Asia's first investment fund tracking the performance of XRP. Key details include:
- The fund, named HashKey XRP Tracker Fund, targets professional investors.
- It offers exposure to XRP without direct asset management.
- Investors can subscribe using cash or in-kind contributions.
- Monthly liquidity is provided.
Ripple will support the fund, enhancing its partnership with HashKey, which already has spot ETFs for BTC and ETH. Future collaborations may involve tokenizing a money market fund on the XRP Ledger. Ripple aims to introduce more regulated crypto products to institutions in the Asia-Pacific region.