HashKey Capital Launches First XRP Investment Fund in Asia
HashKey Capital, a leading digital asset investment firm based in Hong Kong, has launched the HashKey XRP Tracker Fund.
This is the first investment fund in Asia that exclusively focuses on tracking the performance of XRP.
The initiative aims to provide broader access for institutional investors to the XRP digital asset without requiring direct ownership management.
Ripple as an Early Investor
The launch of this fund is backed by Ripple, the company behind the XRP Ledger, which acts as an early investor.
Ripple’s involvement signals its commitment to expanding institutional adoption of XRP across the Asian region.
Fund Features and Mechanism
The HashKey XRP Tracker Fund is designed to offer flexibility to professional investors.
They can invest through cash contributions or in the form of other crypto assets.
Additionally, the fund allows for monthly subscription and redemption of shares, making investment management more convenient.
Benchmark Standards by CF Benchmarks
To ensure transparency and accuracy in tracking XRP’s performance, the fund utilizes benchmarks from CF Benchmarks.
CF Benchmarks is known as a provider of crypto asset indices used in various global ETF products.
Statement from HashKey Capital
According to information cited from BeInCrypto, Vivien Wong, Partner at HashKey Capital, stated:
“XRP stands out as one of the most innovative cryptocurrencies in the market today, attracting global companies that use it for transactions, tokenization, and storing value. With the region’s first XRP Tracker Fund, we’re making XRP more accessible, meeting the demand for investment opportunities in top-tier digital assets.”
Outlook and Impact on the Crypto Market
The launch of the HashKey XRP Tracker Fund reflects growing institutional interest in digital assets like XRP.
With strong infrastructure and support from key players such as Ripple, this fund has the potential to act as a catalyst in accelerating XRP adoption among institutional investors in Asia.
