{"id":4314,"date":"2025-04-21T18:10:00","date_gmt":"2025-04-21T17:10:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4314"},"modified":"2025-04-21T17:58:34","modified_gmt":"2025-04-21T16:58:34","slug":"asia-launches-first-ripple-fund-major-xrp-price-surge-coming","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/asia-launches-first-ripple-fund-major-xrp-price-surge-coming\/","title":{"rendered":"Asia Launches First Ripple Fund : Is a Major XRP Price Surge Coming ?"},"content":{"rendered":"\n

Ripple Making Waves in Asia with Its First Dedicated Fund<\/h2>\n\n\n\n

As Ripple<\/a> continues its global push to drive adoption of its token XRP<\/strong>, the company has achieved a significant milestone in Asia. Ripple Labs<\/strong> has partnered with investment firm HashKey Capital<\/strong> to launch the first crypto<\/a> fund dedicated to XRP in the region.<\/p>\n\n\n\n

Under the agreement, HashKey Capital will roll out the “HashKey XRP Tracker Fund,” an investment vehicle providing institutional investors with easy access<\/strong> to the cryptocurrency developed by Ripple. As a lead and anchor investor, Ripple Labs will play a crucial role in this initiative, strengthening its ties with the traditional Asian finance sector.<\/p>\n\n\n

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“With the first XRP tracker fund available in the region, we are simplifying access to XRP and meeting the demand for investment opportunities in top digital assets”<\/em>, stated Vivien Wong, partner at HashKey Capital.<\/p>\n\n\n\n

A Stepping Stone for XRP Adoption in Asia<\/h2>\n\n\n\n

This announcement comes as Ripple intensifies its efforts to promote XRP adoption worldwide<\/strong>. After successfully launching the first spot ETF on XRP<\/strong> in Brazil last February, the company seems to be focusing on the Asian market<\/strong>, a hub for various blockchain <\/strong>innovations.<\/p>\n\n\n\n

Asia is a key strategic<\/strong> region for Ripple. As a pioneer in cryptocurrency adoption, it already hosts several projects utilizing Ripple’s technology, such as the cross-border payment service of the Thai central bank. The launch of this XRP dedicated fund is expected to boost interest among institutional investors<\/strong> in the cryptocurrency within this geographic area.<\/p>\n\n\n\n

Medium-term plans by HashKey Capital even include regulatory<\/strong> advancements<\/strong> that could transform this fund into an exchange-traded fund (ETF) with stock market listing potential. “With regulatory approvals, the fund could evolve into an ETF in the next 1 to 2 years”<\/em>, as explained by Vivien Wong.<\/p>\n\n\n\n

Favorable Momentum for XRP<\/h2>\n\n\n\n

This development comes in a particularly positive context<\/strong> for Ripple. After facing significant losses since its all-time high in January 2018, the cryptocurrency has seen a resurgence in recent months, with a gain of over 37%<\/strong> from its lowest point.<\/p>\n\n\n\n

According to forecasts from a decentralized betting platform, the probability of the US SEC approving a spot ETF on Ripple’s token by the end of 2025<\/strong> stands at 76%<\/strong>. Such a decision could propel XRP to the forefront and significantly boost its adoption.<\/p>\n\n\n\n

Despite these promising outlooks, Ripple CEO, Brad Garlinghouse<\/strong>, has recently ruled out the possibility of the company going public, stating that Ripple has enough capital without needing to resort to that option.<\/p>\n\n\n\n

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