Hong Kong, April 18th, 2025 — HashKey Capital has unveiled the HashKey XRP Tracker Fund, Asia’s inaugural investment vehicle designed to track the performance of XRP, the third-largest cryptocurrency by market capitalization. Ripple, a global leader in blockchain-based payments, will serve as an anchor investor, marking the beginning of a strategic collaboration to expand institutional access to digital assets.
Key Features of the HashKey XRP Tracker Fund
- Target Audience: Exclusive to professional investors seeking regulated exposure to XRP without direct custody complexities.
- Investment Flexibility: Accepts cash or in-kind subscriptions with monthly share redemption options.
- Benchmarking: Independently assessed by CF Benchmark, a pioneer in ETF products across the U.S. and Asia-Pacific.
- Alignment with TradFi-Web3 Bridging: Supports HashKey Capital’s mission to integrate traditional finance with Web3 innovations, particularly in cross-border payments.
"XRP’s utility in global transactions and enterprise adoption makes it a standout asset. This fund simplifies access for institutional demand," said Vivien Wong, Partner at HashKey Capital.
Why XRP?
- Market Position: Ranked #3 among cryptocurrencies, XRP is pivotal for cross-border settlements, offering faster and cheaper alternatives to conventional wire transfers.
- Enterprise Adoption: Banks and financial institutions leverage XRP’s ledger for liquidity solutions and cost-efficient remittances.
👉 Discover how XRP is transforming global payments
HashKey Capital and Ripple: A Synergistic Partnership
- Shared Expertise: Combines HashKey’s asset management prowess with Ripple’s blockchain payment solutions.
- Future Collaborations: Plans include DeFi integrations, tokenized funds (e.g., money market funds on the XRP Ledger), and enterprise blockchain adoption.
- Regulatory Outreach: Expands Ripple’s institutional network across Asia through HashKey’s regulatory and investor connections.
Fiona Murray, Ripple’s APAC Managing Director:
"This partnership underscores Asia’s leadership in crypto innovation, offering regulated products for institutional investors."
FAQs
1. Who can invest in the HashKey XRP Tracker Fund?
The fund is available exclusively to professional investors (e.g., accredited individuals or institutions).
2. How does the fund track XRP’s performance?
It mirrors XRP’s market movements without requiring direct asset ownership, using CF Benchmark’s methodologies.
3. What are the subscription options?
Investors can subscribe via cash or in-kind transfers, with monthly redemption windows.
4. Why is Ripple involved?
Ripple’s anchor investment validates the fund’s credibility and aligns with its goal to broaden XRP’s institutional use cases.
5. Are there plans for similar funds?
HashKey Capital may explore tokenized funds or DeFi-linked products based on market demand.
About HashKey Capital
- Assets Under Management: $1B+ in digital assets.
- Portfolio: 600+ projects spanning infrastructure, AI, and institutional services.
- Notable Products: BTC/ETH ETFs listed on HKEX (3008.HK, 3009.HK).
👉 Explore institutional crypto solutions
For inquiries, contact HashKey Capital’s Liquid Funds team at [email protected].