HashKey just released Asia’s first-ever XRP Tracker Fund. This is said to be a massive step taken towards making XRP more accessible. Ripple itself backs this and has the primary aim of making the token more easily accessible. The best part is that it does not require prior knowledge of blockchain to operate, as it minimizes the technical aspects of the conversation.
The fund will mimic the working of XRP, a popular token known for its reliability. The ability to facilitate quick and easy international transactions is one of its biggest USPs. Therefore, HasKey Capital’s move is actually a positive step forward. Moreover, this decision aligns with the firm’s goal to expand into the TradFi landscape through a Web3 ecosystem.
Vivien Wong, a company representative of HashKey Capital, stated that “XRP stands out as one of the most innovative cryptocurrencies, attracting global enterprises to utilize it for transactions, tokenization, and value storage.” She further added, “With this new fund, we make it easier to invest in XRP.”
This Tracker could significantly impact the Asian crypto market. Moreover, this partnership between Ripple and HashKey Capital is said to mark the beginning of a long-standing collaboration that will drive innovations in the market, particularly in DeFi and enterprise blockchain.
Therefore, paving the way for more institutional investors.
