CME Group Expands Digital Currency Derivatives Offering with Launch of XRP Futures Contracts
Chicago, April 24, 2025 /PR Newswire/ – CME Group, a global leader in derivatives marketplace, announced its plans to launch futures contracts for XRP on May 19, pending regulatory review. Market participants will be able to choose to trade between a mini contract (2,500 units of XRP) and a larger contract (50,000 units of XRP).
Giovanni Viscuso, Head of Global Crypto Products at CME Group, stated:
> "As innovation continues in the digital asset space, market participants are increasingly looking for regulated derivatives products to manage risk across a broader range of tokens, and interest in XRP and its underlying technology (XRPL) has been steadily growing as the network is adopted by institutions and individual investors. We are pleased to launch these new futures contracts to provide capital-efficient tools to support our clients' investment strategies and risk management."
The XRP futures contracts at CME Group will be settled in cash and will be based on a reference rate for XRP against the US dollar, which is calculated once daily at 4 PM London time.