HashKey Capital Launches XRP Tracker Fund in Asia
- HashKey Capital introduced the XRP Tracker Fund for institutional investors in Asia.
- XRP is the fourth largest cryptocurrency, valued at $121 billion.
- The token’s price increased by 318% over the past year, trading at $2.08.
- Ripple acts as an anchor investor for the fund with an undisclosed amount.
- The fund is HashKey’s third digital asset tracking product after BTC and ETH ETFs.
The HashKey XRP Tracker Fund aims to promote institutional adoption of XRP in Asia, with Ripple Labs partnering as an anchor investor. The fund is part of HashKey’s strategy to expand digital asset investment options following regional regulatory approvals.
Source (2.6)https://decrypt.co/315361/ripple-early-investor-hashkey-capitals-new-xrp-tracker-fund-in-asia?rand=52368
