The Chicago Mercantile Exchange (CME Group) has revealed plans to launch XRP token-based futures from Ripple on May 19, pending regulatory approval.
Starting May 19, trade regulated, capital-efficient futures on XRP, available in larger- and micro-sized contracts, so you can scale your exposure with greater precision and flexibility.
More on XRP futures ➡️ https://t.co/SzDtBmkG7r pic.twitter.com/BDJRzYSvTd
— CME Group (@CMEGroup) April 24, 2025
Traders will have the opportunity to trade contracts in two sizes: 2500 XRP ($5475 at the time of writing) and 50,000 XRP ($109,500).
Settlements for the derivatives will be conducted daily in cash, based on the CME CF XRP-Dollar reference rate.
“As innovations in the digital asset landscape continue to evolve, market participants are seeking regulated derivative instruments to manage risks across a broader spectrum of tokens,” stated CME’s Head of Crypto Products, Giovanni Vicioso.
Since December 2017, the platform has been trading Bitcoin contracts. In 2021, CME added Ethereum products.
In March, the world’s largest derivatives exchange launched Solana-based futures.
As reported in the media, the platform planned to begin trading contracts on XRP and SOL as early as February.