🚨 The first tracking fund for
#xrp in Asia 🇯🇵 with direct support from Ripple!
📰 News:
HashKey Capital has announced the launch of the first dedicated tracking fund for XRP in Asia, a move that enhances the status of
$XRP as a global financial hub!
⸻
❓ What is an XRP tracking fund?
A financial fund that mimics the performance of XRP's price, allowing institutions to invest easily:
🟢 If XRP's price rises? ➜ The fund's value increases.
🔴 If XRP's price falls? ➜ The fund's value decreases.
👈🏻 Features:
🛡️ Security: No need to deal directly with digital assets.
⚖️ Legal regulation: Subject to oversight by financial authorities.
💸 Flexibility: Subscription and withdrawal possible monthly (in cash or in XRP).
⸻
👑 Why XRP specifically?
The strongest digital asset for the global financial infrastructure:
⚡ Transfer speed: Just seconds compared to days with SWIFT
💸 Minimal fees: Almost negligible
🏦 Institutional adoption: From major banks around the world
🏗️ Tokenization of assets: Supporting the conversion of real estate and assets into digital tokens on
#XRPLEDGER ⸻
🤝 What is Ripple's role in this deal?
Direct financial contribution to the fund's launch 👀
Future strategic partnership includes:
🔹Cross-border DeFi solutions.
🔹Asset tokenization projects.
🔹Money Market Fund coming soon.