HashKey Capital Launches Asia’s First XRP Tracker Fund, Backed by Ripple
HashKey Capital Unveils First XRP Tracker Fund in Asia
In a pivotal move to simplify crypto investments in Asia, HashKey Capital launched the region’s first XRP Tracker Fund on Friday, April 18, 2025. This new fund, backed by Ripple, the company behind the XRP Ledger, aims to offer institutional investors easy access to the XRP token while reducing the complexities of direct crypto holdings.
The XRP Tracker Fund seeks to replicate the performance of XRP, a digital asset widely known for its fast, low-cost international payment capabilities. This launch comes at a time when financial institutions across Asia are increasingly looking to diversify their portfolios with digital assets.
Breaking Down Institutional Access to XRP
The launch of the XRP Tracker Fund is a game-changer for institutional investors in Asia. Vivien Wong, Partner at Liquid Funds at HashKey Capital, commented:
“XRP stands out as one of the most innovative cryptocurrencies in today’s market, attracting global enterprises who use it to transact, tokenize, and store value. With the first XRP Tracker Fund available in the region, we simplify access to XRP, catering to the demand for investment opportunities in the very best digital assets.”
Ripple’s Role and Global Expansion
Ripple, which has long been a driving force behind the XRP Ledger, has been an active participant in shaping the future of digital payments. Fiona Murray, Managing Director of APAC at Ripple, emphasized the demand for regulated financial products for institutional investors:
“Institutional investors are eager to access regulated products around the world, and this is exactly what the HashKey XRP Tracker Fund will deliver in the Asia-Pacific region.”
HashKey Capital’s Growing Digital Asset Offerings
This launch marks the third digital asset tracker fund introduced by HashKey Capital, following the release of their BTC ETF (3008.HK) and ETH ETF (3009.HK) in collaboration with Bosera. These products are part of a broader push to offer regulated, crypto-investment vehicles that cater to institutional investors, reducing the need to manage private keys or navigate volatile exchanges.
By offering regulated entry points into the world of digital assets, HashKey Capital is paving the way for more investors to gain exposure to cryptocurrencies without the typical risks associated with traditional crypto trading.
A New Era for Digital Asset Investment in Asia
As XRP gains traction as a preferred tool for cross-border payments, the introduction of the XRP Tracker Fund is expected to be a significant step in the growing institutional interest in digital currencies in Asia. For investors, this fund provides a secure, simplified way to gain exposure to the world of XRP, which has long been recognized for its potential in the global payments sector.
With increasing acceptance and adoption of cryptocurrencies across financial institutions, the launch of the XRP Tracker Fund by HashKey Capital is a clear indication that digital assets are becoming an integral part of traditional finance in the region.