CME Group Launching CFTC-Regulated XRP Futures on May 19

The CME group, a prominent player in the financial markets based in Chicago, is set to introduce XRP futures. This launch will be overseen by the Commodity Futures Trading Commission (CFTC), and marks another step in the company’s expansion of its crypto derivatives suite, which already includes Bitcoin and Ethereum futures. This move could increase participation from institutional investors, potentially leading to greater trading activity and more stable price fluctuations for XRP.