Wednesday May 21 2025
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: US
On 20th May 2025, Chicago Mercantile Exchange (CME) Group announced its new XRP futures are now available for trading. The first trade, a block, took place on Sunday, May 18, and was cleared by Hidden Road.
CME Group XRP futures are available in both a micro-sized (2,500 XRP) and a larger-sized contract (50,000 XRP) and are cash-settled to the CME CF XRP-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of XRP and is calculated daily at 4:00 p.m. London time.
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