First XRP tracker fund launches in Asia backed by Ripple

In a significant step toward mainstreaming crypto investments in Asia, HashKey Capital has announced the launch of the region’s first XRP Tracker Fund, which officially debuted on Friday, April 18. The fund backed by Ripple, the company behind the XRP Ledger aims to simplify institutional access to the XRP token by removing the complexity typically associated with direct crypto holdings. The product is designed to replicate the performance of XRP, an asset long recognized for its ability to facilitate fast, low-cost international payments. It comes at a time when financial institutions across Asia are increasingly exploring digital assets as part of their broader diversification strategies source: https://finbold.com/first-xrp-tracker-fund-launches-in-asia-backed-by-ripple/