Hong Kong-based trading level HashKey Group has announced the listing of XRP XRP for nonrecreational investors.
The institution said successful a tweet that spot XRP/USD markets are present live, though the trading brace notched just $4,000 successful measurement successful the archetypal hr aft listing.
HashKey Group is licensed by the Hong Kong Securities and Futures Commission (SFC) and targets organization investors successful Asia.
The listing comes aft XPR was selected arsenic 1 of 5 assets to beryllium included successful included successful the U.S. strategic crypto reserve.
HashKey Group cited XRP's resurgence successful precocious 2024 arsenic a catalyst for this cycle's archetypal altcoin season, and successful April it rolled retired Asia's archetypal XRP tracker money successful concern with Ripple.
“HashKey Capital has been a valued spouse successful expanding organization entree to XRP crossed Asia, " Fiona Murray, Ripple's managing manager of APAC said successful a property release. "
From launching the region’s archetypal XRP Tracker Fund to facilitating XRP’s listing connected HashKey Exchange, our collaboration reflects a shared committedness to real-world utility. We look guardant to advancing that momentum done liable innovation.”
XRP is presently trading astatine $2.19, down 4.4% implicit the past 24 hours pursuing a wider crypto marketplace sell-off that has seen bitcoin slump to $105,000.