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Ripple Expands In Asia With Debut XRP Investment Tool

  • Payments company Ripple has partnered with HashKey Capital to launch Asia’s first XRP tracker fund.
  • The fund will track the price of XRP cryptocurrency and provide institutional access to XRP in Asian markets.
  • Investors can contribute to the fund using fiat currencies or in-kind, and have the flexibility to purchase or redeem shares monthly.
  • HashKey Capital aims to convert the XRP tracker fund into an exchange-traded fund in the future, subject to regulatory approval.

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