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2w ago

CME Group Announces XRP Futures Launch Pending Regulatory Approval

World's largest derivatives exchange plans May 19 debut for cash-settled XRP contracts in two sizes, expanding its cryptocurrency offerings.

CME Group Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
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Overview

  • CME Group will launch cash-settled XRP futures on May 19, 2025, pending regulatory approval.
  • The contracts will be available in two sizes: micro (2,500 XRP) and standard (50,000 XRP).
  • Settlement will be based on the CME CF XRP-Dollar Reference Rate, which tracks XRP's daily price at 4:00 p.m. London time.
  • This follows CME's March rollout of Solana futures, adding to its existing Bitcoin and Ethereum derivatives suite.
  • XRP, the fourth-largest cryptocurrency by market capitalization, is gaining traction with institutional and retail investors for cross-border payment solutions.