CME Group to Debut XRP Futures Following Solana Launch
Summary
CME Group will introduce XRP futures on its derivatives marketplace next month. Clients can trade micro-sized contracts of 2,500 XRP and larger contracts of 50,000 XRP. XRP ranks as the fourth largest cryptocurrency by market cap, recently trading at $2.19 per coin after a 4% dip. CME Group is the largest derivative marketplace globally. Futures contracts enable investors to buy or sell an asset at a predetermined price and expiration date.
