Key Takeaways
- • Ripple Prime institutional clients can now trade the full range of crypto futures listed on Coinbase Derivatives, including nano bitcoin, nano ether, Solana and XRP contracts, according to CoinDesk.
- • The contracts are cleared through Nodal Clear, a U.S. clearing house, within a market overseen by the Commodity Futures Trading Commission (CFTC).
- • Ripple said its Prime platform cleared more than $3 trillion in trading volume in 2025, a figure the company used to frame the expansion.
- • The service builds on Hidden Road, a futures commission merchant and prime broker Ripple acquired last year for $1.25 billion.
- • Crypto futures offer institutions exposure to price moves or hedging without holding underlying tokens, and the offering is available for around-the-clock trading.
Summary
The expansion gives institutions a new route into regulated crypto derivatives in a U.S. market overseen by the Commodity Futures Trading Commission. Ripple said Ripple Prime cleared more than $3 trillion in trading volume in 2025. CoinDesk noted that many large trading firms prefer futures because they allow investors to take exposure to price moves or hedge risk without holding the underlying tokens, and that regulated U.S. futures markets have drawn institutional interest because of clear rules and centralized clearing.
Ripple Prime is built on Hidden Road, a futures commission merchant and prime broker that Ripple acquired last year for $1.25 billion. The platform offers brokerage, clearing and financing services across several asset classes. Ripple has also pursued an acquisition program over the past year, buying stablecoin payments firm Rail for $200 million, treasury technology provider GTreasury and crypto wallet infrastructure startup Palisade. CoinDesk's report carries a correction updating the headline and first bullet to refer to a clearing platform.
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