HashKey Capital has announced the launch of the HashKey XRP Tracker Fund, marking the first fund in Asia specifically designed to track the performance of XRP, the digital asset closely associated with Ripple. The blockchain payments company Ripple is also joining as an early investor in the fund, highlighting its commitment to supporting institutional-grade XRP products.
This launch comes on the heels of HashKey Capital’s regulatory expansion last year, when the firm secured both Type 4 and an upgraded Type 9 license from Hong Kong’s Securities and Futures Commission (SFC). These licenses enable the company to offer virtual asset management and advisory services to retail and institutional investors.
Institutional Exposure to XRP Without Direct Ownership
The XRP Tracker Fund is targeted at professional investors, offering them secure and regulated exposure to XRP without the need to hold the token directly. XRP currently ranks as the third-largest cryptocurrency by market capitalization, after Bitcoin (BTC) and Ethereum (ETH), and is widely used for cross-border payment solutions due to its speed and low transaction costs.
“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,” said Fiona Murray, Managing Director for APAC at Ripple.
Ripple’s infrastructure is already integrated with banks and financial institutions worldwide, enabling them to settle international payments faster and more cost-effectively compared to traditional wire transfer systems.
XRP Tracker Fund Built for Flexible Institutional Investing
The XRP fund allows monthly subscriptions and redemptions, with investors able to contribute either in cash or via in-kind assets. Pricing is powered by CF Benchmarks, a leading provider of cryptocurrency indices recognized for its precision and use in major markets across the U.S. and Asia-Pacific.
This is the third digital asset tracker fund launched by HashKey Capital, following two earlier funds: one tracking Bitcoin (3008.HK) and the other Ethereum (3009.HK), both in partnership with Bosera.
Ripple and HashKey Tease More Crypto Investment Products
HashKey Capital and Ripple are planning to expand their collaboration with more digital asset investment vehicles. This future lineup is expected to merge HashKey’s asset management expertise with Ripple’s strong presence in blockchain payments and global fintech.
The move underlines a broader push by both companies to bridge the gap between traditional finance (TradFi) and the growing blockchain ecosystem — offering more regulated, institutional-grade access to leading crypto assets like XRP.
