Alisa Davidson
Printed: April 18, 2025 at 6:51 am Up to date: April 18, 2025 at 6:51 am
Edited and fact-checked:
April 18, 2025 at 6:51 am
In Transient
HashKey Capital has launched the XRP Tracker Fund, designed to trace the efficiency of XRP, with Ripple collaborating as an early investor.
World digital asset and blockchain-focused agency, HashKey Capital launched the HashKey XRP Tracker Fund, marking the primary fund of its sort in Asia that’s designed to reflect the efficiency of XRP. Ripple, a serious participant in blockchain infrastructure, is collaborating as an early investor within the fund.
The launch of this tracker fund is aimed particularly at skilled buyers, offering them with a simplified approach to achieve publicity to XRP with no need to instantly handle or retailer the cryptocurrency themselves. XRP at present ranks because the third-largest digital asset by market capitalization, following Bitcoin and Ethereum, and performs a vital position in enabling environment friendly cross-border transactions. Its core perform—providing quicker and less expensive worldwide funds in comparison with conventional monetary programs like wire transfers—has made it a distinguished instrument for banks and monetary establishments.
The HashKey XRP Tracker Fund displays HashKey Capital’s broader technique to bridge conventional finance and Web3 innovation. It permits buyers to subscribe utilizing both fiat foreign money or in-kind contributions and permits month-to-month subscriptions and redemptions. The fund’s efficiency is benchmarked by CF Benchmarks, a well known supplier of cryptocurrency index knowledge, which additionally helps exchange-traded fund (ETF) merchandise throughout the US and Asia Pacific.
HashKey Capital And Ripple Forge Strategic Partnership To Advance Digital Asset Funding
The launch of the XRP Tracker Fund marks the start of a broader strategic collaboration between HashKey Capital and Ripple, with plans to develop extra joint initiatives sooner or later. The 2 corporations deliver distinct however complementary experience to the desk—HashKey Capital in skilled digital asset administration, and Ripple in blockchain know-how and digital cost infrastructure.Â
HashKey Capital continues to play a serious position in advancing blockchain adoption on a worldwide scale, supporting institutional shoppers, entrepreneurs, and builders throughout the ecosystem. As one of many earliest company buyers in Ethereum and among the many largest cryptocurrency fund managers in Asia, the agency has managed over $1 billion in belongings since its founding. Its enterprise arm at present oversees a various portfolio of greater than 600 tasks, spanning sectors corresponding to institutional companies, blockchain infrastructure, knowledge analytics, AI, and shopper know-how.
The XRP Tracker Fund is the third product in HashKey Capital’s rising tracker fund collection, following the Bosera HashKey Bitcoin ETF and Ether ETF, each of that are listed on the Hong Kong Inventory Trade. These funds replicate HashKey’s continued give attention to offering professional-grade funding automobiles that make digital asset publicity extra accessible to institutional buyers.
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About The Creator
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
Extra articles
