Ripple, the XRP cryptocurrency market expands as the first investment fund arrives in this asset in Asia. This is the Hashkey XRP Tracker Fund.
Cryptocurrency funds, Hashkey Capital, The release of this product was announced on Friday, April 18th. It is designed to follow the performance of XRP. The device will be available to professional Asian investors who want to be exposed to cryptocurrency without directly owning it.
According to the company, Ripple becomes the anchor inverter for the fundcontributes to the first money. This is the first of many planned collaborations between the XRP Station and Hashkey Capital.
“XRP stands out as one of the most innovative cryptocurrencies in the market today, attracting global companies that use it to trade, tokenize and store value,” said Vivien Wong, Liquid Funds partner at Hashkey Capital.
It said it decided to simplify access to XRP by launching the fund to meet the demand for digital assets. “We will expand the hashkey connections of capital with Asian financial institutions, regulators and investors to Ripple,” Wong said.
At the same time, he showed it Ripple offers them the possibility to collaborate with more investment products and opportunities Adopting cross-border payment solutions, decentralized finance (DEFI) and business tools. So expect them to continue working together.
Ripple, managing director of Asia-Pacific, said the new fund is responding to growing institutional interest in regulated investment vehicles in Asia. He added that they look forward to working more with Hashkey Capital.
“Along with the strong traction of cryptocurrency here, his excellence is essential to strengthening the role of Asian leadership in cryptocurrency technology,” Murray said.
Hashkey Capital currently manages Citation Funds (ETFs) on the Hong Kong Stock Exchange, Cash Bitcoin (BTC) and Ethher (ETH). Hashkey XRP Tracker will be the third structured fund to follow the price of digital assets.
Currently, XRP is the third largest cryptocurrency by market capitalization without conveying Stablecoin Tether (USDT). It is located just after BTC and ETH.
In January 2025, Donald Trump arrived as president in the United States, XRP prices have hit a new record Of the US$3,39, which exceeded the peak he registered in 2018, the president’s interest in making the country the “cryptocurrency capital” was the promoter of this scenario.
Trump has established cryptocurrency and friendly bags and a Securities Commission (SEC) address. This has resulted in the agency being waived judicial cases against industry companies, including Ripple, allowing ETFs on XRP futures.
Meanwhile, the wave of XRP cash proposals is among other cryptographic effects. permission This will strengthen the existence of investment products in cryptocurrency.will continue to launch new funds in Asian assets.
