Summary
- HashKey Capital announced the launch of Asia's first XRP-based tracking fund.
- This fund, part of a strategic collaboration with Ripple, is designed to allow professional investors indirect exposure to XRP.
- HashKey Capital is reportedly planning further collaborations with Ripple following the launch of this fund.
HashKey Capital has launched Asia's first XRP-based tracking fund.
According to The Block on the 18th (local time), HashKey Capital has launched the 'HashKey XRP Tracker Fund'. This fund is part of a strategic collaboration with Ripple.
The fund is designed for professional investors who want indirect exposure to XRP without holding it directly. Investors can participate in the fund with cash or in-kind contributions, with monthly subscriptions and redemptions available. Meanwhile, HashKey Capital is reportedly planning further collaborations with Ripple following this fund.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
