Overview
- HashKey Capital has introduced the first Asia-based investment fund designed to track the performance of XRP, the third-largest cryptocurrency by market cap.
- Ripple is the anchor investor in the HashKey XRP Tracker Fund, seeding the initial investment to support the fund’s launch.
- The fund provides professional investors with regulated access to XRP via cash or in-kind subscriptions, along with monthly liquidity for added flexibility.
- This marks the first of several planned collaborations between Ripple and HashKey Capital to develop new crypto investment products, including potential tokenized solutions.
- The launch underscores efforts to bolster the Asia-Pacific region’s leadership in crypto and blockchain technologies by meeting growing institutional demand for regulated offerings.