Share this article
HashKey Group Lists XRP for Institutional Investors in Asia
The listing follows XRP's inclusion as one of the assets in the U.S. strategic crypto reserve.
Updated May 30, 2025, 1:12 p.m. Published May 30, 2025, 9:32 a.m.
Make us preferred on Google
What to know:
- HashKey Group has listed XRP for professional investors on its Hong Kong-based trading platform.
- The listing follows XRP's inclusion in the U.S. strategic crypto reserve and its resurgence in late 2024.
- XRP is currently trading at $2.19, down 4.4% amid a broader crypto market sell-off.
Hong Kong-based trading platform HashKey Group has announced the listing of XRP {{XRP}} for professional investors.
The company said in a tweet that spot XRP/USD markets are now live, although the trading pair notched just $4,000 in volume in the first hour after listing.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
HashKey Group is licensed by the Hong Kong Securities and Futures Commission (SFC) and targets institutional investors in Asia.
The listing comes after XPR was selected as one of five assets to be included in included in the U.S. strategic crypto reserve.
HashKey Group cited XRP's resurgence in late 2024 as a catalyst for this cycle's first altcoin season.
“XRP has long been a foundational asset in the digital economy. What we’re seeing now is global regulatory alignment catching up to that reality. With HashKey Exchange listing XRP, we’re giving professional investors streamlined, compliant access to a coin that has already proven its resilience and utility over time,” said Vivien Wong, partner at Liquid Funds.
XRP is currently trading at $2.19, down 4.4% over the past 24 hours following a wider crypto market sell-off that has seen bitcoin slump to $105,000.
UPDATE (May 30, 13:12 UTC): Removes quote from Fiona Murray and adds quote from Vivien Wong.
More For You
Specialized AI detects 92% of real-world DeFi exploits
New research claims specialized AI dramatically outperforms general-purpose models at detecting exploited DeFi vulnerabilities.
What to know:
- A purpose-built AI security agent detected vulnerabilities in 92% of 90 exploited DeFi contracts ($96.8 million in exploit value), compared with 34% and $7.5 million for a baseline GPT-5.1-based coding agent running on the same underlying model.
- The gap came from domain-specific security methodology layered on top of the model, not differences in core AI capability, according to the report.
- The findings come as prior research from Anthropic and OpenAI shows AI agents can execute end-to-end smart contract exploits at low cost, accelerating concerns that offensive AI capabilities are scaling faster than defensive adoption.
Top Stories
