Main notes
- Hashkey Capital released the first XRP tracker in Asia.
- Ripple is an anchor investor for this project.
- XRP tracker may turn to ETF if some conditions are met.
Ripple Labs Inc, one of the largest infrastructure companies for digital assets, offers the initial investment seed of the XRP tracker in Asia. This is great news for the besieged digital assets and XRP, the fourth largest encrypted currency based on the maximum market.
As part of its latest investment, Ripple supports Hashkey Capital in the provision of the Hashkey Tracker box, which has been marked as a “major step in expanding the scope of institutional access to XRP”. Ripple is an anchor investor for this project, with the aim of injecting the flow of institutional capital in XRP
Xrp
$ 2.06
24 hours fluctuation:
0.5 %
The maximum market:
$ 120.17 b
Folder. 24h:
$ 1.77 b
The encryption market.
Hashkey Capital launches the first XRP tracker in Asia – with @ripple As an early investor.
This is a big step in expanding the scope of institutional access to XRP, the third largest symbol by the maximum market.
Hashkey Capital (Hashkey_capital) April 18, 2025
Hashkey Capital reveals the first XRP track in Asia
The purpose of this fund is to increase the availability of XRP for institutional and professional investors. According to Hashkey Capital, investors in this fund can track the performance of the cryptocurrency with access to “organized exposure, institutional degree” without the need to deal with XRP, possess it directly or trading.
Before the launch of the XRP Tracker Fund, the capitalist company launched other Bitcoin tracking boxes
BTC
84 dollars 393
24 hours fluctuation:
0.2 %
The maximum market:
$ 1.68
Folder. 24h:
$ 14.75 b
And ethereum
Eth
$ 1 582
24 hours fluctuation:
0.2 %
The maximum market:
190.92 dollars b
Folder. 24h:
$ 8.23 b
In Asia. The tracking box is expected to turn to the ETF XRP, in the future if it provides strong performance in the market and gets required approval from the organizational authorities.
Hashkey Capital decision in partnership with XRP
Curlastation director revealed that he chose XRP because he believed that Ripple is working to improve payments and transactions compared to what can be obtained traditionally. Moreover, financial institutions are currently using Ripple engineering in their operations.
As part of their cooperation, it is expected that both parties will search for more cases of future use of XRP, especially in creating innovative financial products.
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The post Ripple Supports Launch of New XRP Tracker Fund by HashKey Capital first appeared on Investorempires.com.
