The payment company Ripple has collaborated with Hashkey Capital to launch Asia’s first XRP tracker fund. The new fund will track the price of XRP Cryptocurrency, according to statements from both companies.
Ripple enters as anchor investor
Crypto Community Figure Crypto Eri first marked the partnership and noted that San Francisco Payment Companies will invest in the new Hashkey XRP Tracker Fund.
The fund is a major step towards expanding institutional access to XRP in Asian markets. As Hashkey Reports, this is the first of potentially several such investment products in the region after price performance for XRP.
Large XRP news in Japan 🇯🇵. @Ripple To make initial investments in Asia’s first #Xrp Investment product.
Professional investors receive exposure to XRP without holding access directly. Investors can buy the fund with cash or cheek, and the fund is structured to meet … pic.twitter.com/phs3urvraq
– 🌸Crypt Eri ~ Carpe Diem (@sentosumosaba) April 18, 2025
Image: Kraken Blog
How the fund works for investors
Investors of the fund may have flexible commitment options. Investors can make their contributions through conventional Fiat money or pay in kind. The fund’s structure gives subscribers the freedom to buy or redeem shares per month.
Hashkey’s Liquid Fund Partner Vivien Wong identified XRP’s increasing relevance in the crypto gym. She indicated that XRP has interested global companies that use it for different things, including tokenization of assets and as a store of value.
Ripple sees the growing demand in Asia-Stilla Sea
Fiona Murray, the CEO of Ripple for the Asia Still, emphasized the increased demand for digital asset products within regulated frameworks for professional investors throughout the region.
The companies are not just focusing on the Trackerfonden. According to reports, they also refer to other possibilities, such as introducing a money market fund at XRP LEDGER (XRPL).
Broader context of XRP investment growth
Hashkey Capital has become a leading player in the Cryptocurrency industry. The company already provides investment products linked to Bitcoin and EthereumWith both Bosera Hashkey Bitcoin Spot ETF and Bosera Hashkey Ethereum Spot ETF listed on Hong Kong Stock Exchange.
The new XRP Tracker Fund is Hashkey’s third Cryptocurrency-tracking investment product. The company says it will convert the XRP product to a stock exchange-traded fund within two years, subject to compulsory approvals for legislation.
This follows increased institutional demand for XRP. In the United States, over 11 institutions have submitted applications to US Securities and Exchange Commission to list Spot-based XRP ETFS.
Image from Medium, Chart from TradingView
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