- HashKey Capital’s XRP Tracker Fund offers seamless XRP exposure to institutions, simplifying crypto access with monthly subscriptions.
- The XRP Tracker Fund boosts Asia’s role in digital finance by aligning with Web3 innovation and eliminating technical ownership hurdles.
- HashKey and Ripple’s strategic partnership aims to launch more blockchain-based financial products, driving institutional adoption across Asia.
HashKey Capital has officially introduced Asia’s first XRP Tracker Fund, developed in collaboration with Ripple. This launch offers professional investors streamlined access to XRP, one of the top three cryptocurrencies by market capitalization.
Notably, this fund allows investment via both cash and in-kind subscriptions, eliminating the complexities of direct token ownership. It also supports monthly share subscriptions and redemptions. The fund is benchmarked by CF Benchmarks, a firm known for launching ETF products in the US and Asia Pacific.
Besides expanding access, the fund positions XRP as a transformative asset in cross-border payments. XRP enables faster and cheaper global fund transfers compared to traditional wire systems. Hence, the fund aligns with HashKey Capital’s goal of bridging traditional finance (TradFi) with Web3 innovation. Consequently, this initiative strengthens Asia-Pacific’s leadership in blockchain adoption.
XRP’s Growing Relevance in Digital Finance
XRP continues to gain traction due to its efficiency in cross-border transactions. It now stands as the third largest digital asset after Bitcoin and Ethereum. Moreover, global enterprises increasingly adopt XRP to tokenize, transact, and store value. This growing institutional interest boosts demand for regulated, professional-grade investment products.
Additionally, by eliminating technological obstacles, the XRP Tracker Fund improves investor access. Investors no longer need to handle custodial solutions or private keys in order to obtain exposure to XRP. This is especially critical for institutions seeking compliant, regulated paths into crypto markets. Significantly, this product expands HashKey Capital’s lineup, following the BTC and ETH ETFs launched earlier with Bosera.
Strategic Partnership to Drive Blockchain Integration
HashKey Capital and Ripple plan to deepen their collaboration. Both firms bring complementary strengths to the table. Ripple offers blockchain expertise, while HashKey Capital holds strong connections with financial institutions and regulators across Asia. This synergy is set to fuel new products in DeFi, enterprise blockchain, and cross-border solutions.
Furthermore, tokenizing traditional financial instruments like money market funds on the XRP Ledger is already under consideration. Fiona Murray, Ripple’s APAC Managing Director, emphasized the region’s growing influence in blockchain leadership.
