XRP Institutional Momentum Builds as Futures Launch on CME Exchange
XRP futures have officially launched on the Chicago Mercantile Exchange (CME), marking a significant step forward for institutional adoption. Hidden Road, a prime broker catering to institutional clients, executed the first block trade on the platform, underscoring growing interest from major market players.
While XRP’s price performance has been subdued, historical trends indicate potential upside. Ripple CEO Brad Garlinghouse praised the CME listing as a key milestone in establishing XRP’s credibility within regulated financial markets.