Ripple Expands Institutional Trading Options with Coinbase Crypto Futures
Ripple has continued its push into the world of institutional trading with the announcement that its $3 trillion clearing platform will now include Coinbase's crypto futures.
The move allows institutions to access regulated derivatives in a single, market-overseen by the Commodity Futures Trading Commission. This is a significant development for institutional traders who require clear rules and centralized clearing.
According to Ripple, the expansion includes nano contracts for Bitcoin and Ether, as well as standard and smaller size futures for Solana and XRP. These contracts are cleared through Nodal Clear, a U.S. clearing house.