HashKey Capital to Debut Asian XRP Tracker Fund With Ripple as Anchor Investor
HashKey Capital announced what it says is the first investment fund in Asia designed to track the performance of XRP, the digital asset used in Ripple’s global payment infrastructure.The new fund, called the HashKey XRP Tracker Fund, will be open to professional investors and will allow exposure to XRP without the need to manage the asset directly. It will offer the ability to buy through cash and in-kind subscriptions, and offers monthly liquidity.Ripple will be an early backer of the fund. The investment deepens its strategic ties with HashKey, which already has Hong Kong-listed spot ETFs for bitcoin (BTC) and ether (ETH).The company will continue to partner with Ripple on additional financial products, Vivien Wong, a partner at HashKey Capital, said in a statement.
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Published: April 18, 2025