XRP Futures Debut on CME Sparks Institutional Interest

Ripple’s XRP has officially entered the world of institutional finance with the launch of futures trading on the Chicago Mercantile Exchange (CME), marking a significant milestone for the cryptocurrency. Over $19 million in trading volume was recorded on the debut, capturing strong interest from financial institutions. 140 contracts were traded, each representing 50,000 XRP settled using the CME CF XRP-Dollar Reference Rate.