🚨 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!

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❓ 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).

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👑 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

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🤝 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.