CME Group Launches XRP Futures Contract: A New Step for the Crypto Market
On April 25, 2025, CME Group – the world's largest derivatives exchange – announced that it will launch an XRP futures contract on May 19, 2025, after introducing the Solana futures contract the previous month. The new product includes small contracts (2,500 XRP) and large contracts (50,000 XRP) to meet the diverse trading needs of customers.
Giovanni Vicioso, Global Director of Cryptocurrency Products at CME Group, emphasized that interest in XRP and the XRP Ledger (XRPL) is growing strong from both institutions and individual investors. The XRP futures contract will help investors manage risk and optimize their investment strategies. XRP is currently the fourth largest cryptocurrency with a market cap of $126.6 billion, priced at $2.19 (down 4% in 24 hours but up 9% in the past 14 days). This token, developed by Ripple Labs, supports fast and low-cost cross-border payments.
Sal Gilbertie, CEO of Teucrium, remarked that CME Group listing the XRP futures contract is a significant milestone, promoting the development of the XRPL ecosystem. CME Group, which has already provided Bitcoin and Ethereum futures contracts, continues to expand its product portfolio, affirming its leading position in the derivatives market. This move is expected to enhance the legitimacy and liquidity of XRP, while also contributing to the vibrancy of the crypto market as digital assets become increasingly widely accepted.
Risk Warning: Crypto investment carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.