{"id":22870,"date":"2025-04-19T23:31:40","date_gmt":"2025-04-19T23:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22870"},"modified":"2025-04-19T23:31:40","modified_gmt":"2025-04-19T23:31:40","slug":"ripple-expands-in-asia-with-debut-xrp-investment-tool","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22870","title":{"rendered":"Ripple Expands In Asia With Debut XRP Investment Tool"},"content":{"rendered":"<div>\n<p>Payments company Ripple has partnered with HashKey Capital to launch Asia\u2019s first XRP tracker fund. The new fund will track the price of <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">XRP<\/a> cryptocurrency, as per statements from both firms.<\/p>\n<h2><strong>Ripple Steps In As Anchor Investor<\/strong><\/h2>\n<p>Crypto community figure Crypto Eri first highlighted the partnership, noting that the San Francisco payments firm will invest in the new <a href=\"https:\/\/www.livebitcoinnews.com\/hashkey-capital-launches-asias-first-xrp-tracker-fund\/\" rel=\"nofollow noopener\" target=\"_blank\">HashKey XRP Tracker Fund.<\/a><\/p>\n<p>The fund is a major step towards extending institutional access to XRP in Asian markets. As <a href=\"https:\/\/group.hashkey.com\/en\/newsroom\/hashkey-capital-to-launch-asia-s-first-xrp-tracker-fund-with-ripple-investment-1\" target=\"_blank\" rel=\"noopener nofollow\">HashKey<\/a> reports, this is the first of potentially several such investment products in the region following the price performance of XRP.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Big XRP News in Japan <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1ef-1f1f5.png\" alt=\"\ud83c\uddef\ud83c\uddf5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">. <a href=\"https:\/\/twitter.com\/Ripple?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@Ripple<\/a> to make initial investment in Asia\u2019s first <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#XRP<\/a> investment product.<\/p>\n<p>Professional investors get exposure to XRP without directly holding the asset. Investors can purchase the fund with cash or in-kind, and the fund is structured to accommodate\u2026 <a href=\"https:\/\/t.co\/Phs3UrVrAQ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Phs3UrVrAQ<\/a><\/p>\n<p>\u2014 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f338.png\" alt=\"\ud83c\udf38\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Crypto Eri ~ Carpe Diem (@sentosumosaba) <a href=\"https:\/\/twitter.com\/sentosumosaba\/status\/1913179887143399784?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">April 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-452685\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/a_b13d89.png?resize=760%2C344\" alt=\"\" width=\"760\" height=\"344\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/a_b13d89.png?w=760 760w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/a_b13d89.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/a_b13d89.png?w=750 750w\" sizes=\"(max-width: 760px) 100vw, 760px\"><\/p>\n<h2><strong>How The Fund Works For Investors<\/strong><\/h2>\n<p>Investors of the fund may have flexible involvement options. The investors may give their contributions through conventional fiat monies or pay in kind. The structure of the fund grants the subscribers liberty to purchase or redeem shares per month.<\/p>\n<p>HashKey\u2019s Liquid Fund partner Vivien Wong identified XRP\u2019s increasing relevance in the crypto space. She indicated that XRP has interested global companies that utilize it for different things, including tokenization of assets and as a store of value.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/yQHQNjoS\/\" width=\"1835\" height=\"883\"><br \/>\n<strong>Ripple Sees Growing Demand In Asia-Pacific<\/strong><\/p>\n<p>Fiona Murray, the Managing Director of Ripple for Asia-Pacific, underlined the heightened demand for digital asset products within regulated frameworks for professional investors across the region.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-452683\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/a_94c145.png?resize=606%2C352\" alt=\"\" width=\"606\" height=\"352\"><\/p>\n<p>The firms are not only focusing on the tracker fund. According to reports, they intend to seek other opportunities as well, such as introducing a money market fund on the XRP Ledger (XRPL).<\/p>\n<p><strong>Broader Context Of XRP Investment Growth<\/strong><\/p>\n<p>HashKey Capital has become a leading player in the cryptocurrency industry. The firm already provides investment products linked to <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin and Ethereum<\/a>, with both the Bosera HashKey Bitcoin Spot ETF and the Bosera HashKey Ethereum Spot ETF listed on the Hong Kong Stock Exchange.<\/p>\n<p>The new XRP tracker fund is HashKey\u2019s third cryptocurrency-tracking investment product. The company says it will convert the XRP product into an exchange-traded fund within two years, subject to required regulatory approvals.<\/p>\n<p>This follows increased institutional demand for XRP. In the US, over 11 institutions have submitted applications to the US Securities and Exchange Commission to list spot-based <a href=\"https:\/\/economictimes.indiatimes.com\/news\/international\/new-zealand\/ripples-legal-abeyance-sparks-xrp-etf-frenzy-amidst-broader-crypto-market-jitters\/articleshow\/120377078.cms?from=mdr\" target=\"_blank\" rel=\"noopener nofollow\">XRP ETFs<\/a>.<\/p>\n<p><em>Featured image from Medium, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Payments company Ripple has partnered with HashKey Capital to launch Asia\u2019s first XRP tracker fund. The new fund will track the price of XRP cryptocurrency, as per statements from both firms. Ripple Steps In As Anchor Investor Crypto community figure Crypto Eri first highlighted the partnership, noting that the San Francisco payments firm will invest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22870","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22870"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22870\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}