The Chicago Modern Exchange (CME Group) announced plans to launch on May 19 futures based on the XRP token from Ripple in case of approval of the product by the regulator.
Starting May 19, Trade Regulated, Capital-Efficient Futures on Xrp, Available in Larger- and Micro-Sized Contracts, So You Can Scale Exposure With Greater Precision And Flexibolyity.
More on Xrp Futures ➡️ https://t.co/szdtbmkg7r pic.twitter.com/bdjrzysvtd
– Cme Group (@cmegroup) April 24, 2025
Traiders will have the opportunity to trade contracts in two versions: for 2500 XRP ($ 5475 at the time of writing) and 50,000 XRP ($ 109,500).
Derivatives calculations will be made daily in cash on the basis of the reference rate of CME CF XRP-Dollar.
Since December 2017, Bitcoin contracts have been on the trading platform. In 2021, CME added Ethereum products.
In March, the largest world exchanger of derivatives launched futures on the basis of SOLANA.
Recall, according to the media, the platform planned to start trading contracts at the XRP and SOL in February.
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Source: Cryptocurrency
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