Coinbase to Launch XRP Futures in April Pending CFTC Approval

Coinbase to Launch XRP Futures in April Pending CFTC Approval

Coinbase Derivatives LLC has formally filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP token. The self-certification, submitted on April 3 under CFTC Rule 40.2(a), outlines plans to introduce a new cash-settled monthly futures product scheduled to go live on April 21, pending regulatory clearance. Trading under the symbol XRL, each contract will represent 10,000 XRP—equivalent to app...

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