HashKey Launches First XRP Tracker Fund in Asia, Backed by Ripple

HashKey Capital has launched Asia's first XRP Tracker Fund, designed to provide institutional investors with regulated, simplified exposure to XRP without the complexities of direct asset management. Ripple, the company behind the XRP Ledger, is the fund’s anchor investor, deepening its strategic partnership with HashKey and supporting its regional growth strategy. The fund tracks the performance of XRP, highlighting its established role in fast, low-cost international payments and its appeal for tokenization and value storage among enterprises. Investors can subscribe or redeem shares monthly using cash or in-kind contributions, with the fund joining HashKey’s existing suite of Bitcoin and Ethereum ETFs. Plans are underway to potentially convert the tracker fund into an ETF and to explore further collaborations in tokenization, DeFi, and institutional blockchain solutions. This initiative is part of a broader effort to bridge traditional finance and digital assets in the Asia-Pacific region.