PANews reported on March 6th that, according to CoinDesk, Ripple announced that institutional clients of its clearing platform, Ripple Prime, can now trade all crypto futures products listed on Coinbase Derivatives, including futures contracts for Bitcoin, Ethereum, Solana, and XRP, cleared by the US clearing firm Nodal Clear. The Ripple Prime platform is projected to clear over $3 trillion in trading volume by 2025. This expansion builds upon Hidden Road, a futures commission broker and prime broker acquired by Ripple last year for $1.25 billion. This business is now integrated into Ripple Prime, offering brokerage, clearing, and funding services across multiple asset classes. This move reflects the growing institutional demand for regulated crypto derivatives.
Ripple has integrated Coinbase's crypto futures products into its clearing platform, Ripple Prime.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content


