Ripple Prime Expands Crypto Futures Offerings with Coinbase Contracts Cleared by Nodal Clear
According to Ripple, institutional clients can now trade all Coinbase-listed crypto futures via Ripple Prime, supported by Nodal Clear, with 2025 volumes surpassing $3 trillion following strategic acquisitions.
BTC
ETH
SOL
Fact Check
The statement is fully corroborated by primary news coverage from CoinDesk and other financial news outlets. The specific details regarding the $3 trillion volume in 2025, the use of Nodal Clear, and the integration of Coinbase contracts are all explicitly stated in the source material.
Summary
Ripple Prime announced that institutional clients can trade the full suite of Coinbase crypto futures, including Bitcoin, Ethereum, Solana, and XRP, all cleared through Nodal Clear. The platform operates 24/7 under CFTC regulation, with 2025 trading volumes exceeding $3 trillion. This expansion follows Ripple's $1.25 billion acquisition of Hidden Road and demonstrates the company's commitment to regulated institutional crypto derivatives markets.
Terms & Concepts
- CFTC: The Commodity Futures Trading Commission, the U.S. derivatives regulator that oversees futures and options markets.
- Futures contract: A standardized agreement to buy or sell an asset at a set price on a future date, used for hedging or speculation.