Hong Kong's HashKey Exchange has listed XRP, offering spot trading for the XRP/USD pair. Trading commenced on May 30, 2025, at 16:00 (UTC+8) and is exclusively available to professional investors.
HashKey Group, licensed by Hong Kong's SFC, aims to serve Asian institutional investors. Initial trading volume for the XRP/USD pair reached approximately $4,000 within the first hour.
In April 2025, HashKey Capital partnered with Ripple to introduce Asia's first XRP tracker fund, reinforcing their commitment to expanding institutional access to XRP. Deposits and withdrawals for XRP are now active on the exchange.
This article is based on our analysis of materials taken from the following resources: HashKey Exchange, Coindesk.