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XRP Fund Launches in Asia Backed by Ripple

Asia’s First XRP Tracker Fund Launched by HashKey Capital

  • HashKey Capital introduces Asia’s first XRP investment product, backed by Ripple as an early investor.
  • The fund offers institutional investors exposure to XRP without direct ownership challenges.
  • XRP is the third-largest crypto asset by market cap, known for its utility in cross-border payments.
  • The fund allows monthly subscriptions and redemptions in cash and kind.
  • CF Benchmark will serve as the fund’s benchmark provider.

The HashKey XRP Tracker Fund provides regulated access to XRP for professional investors, simplifying investment in digital assets. Ripple’s involvement highlights a bridge between traditional finance and Web3 innovation.

Source (2.6)https://cryptobriefing.com/asias-first-xrp-tracker-fund/?rand=59535
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