The Chicago Mercantile Exchange (CME), the operator of the largest financial derivatives exchanges in the world, has just announced that XRP futures contracts will officially be listed on May 19.
According to the announcement on April 24, investors will be able to choose between a micro contract of 2,500 XRP and a standard contract with a size of 50,000 XRP. All these contracts will be settled in cash.
Earlier in January 2025, CME had signaled that it would launch XRP futures contracts but later quietly removed the related information from its website.
This new move from CME marks the next step in the wave of financial products related to cryptocurrencies that are rapidly entering the market or awaiting approval in the U.S. — a signal indicating that the acceptance level of financial institutions toward this field has significantly increased.
