Coinbase has just announced that it will sell futures contracts for the XRP token on its derivatives platform in the United States. The announcement was made on April 21 via a post on X.

These new contracts are regulated by the U.S. Commodity Futures Trading Commission (CFTC), giving traders a more secure and efficient way to invest in XRP, one of the most actively traded digital assets out there.

There are two types of XRP futures available: standard contracts, which represent 10,000 XRP, and smaller “nano” contracts designed for retail investors, each representing 500 XRP roughly $1,000 as of April 21, according to regulatory filings..

When Coinbase rolled out futures on Solana (SOL) and Hedera (HBAR) back in February, it was a clear sign they were serious about crypto derivatives. Now, they’ve added XRP to the lineup.

If you haven’t dug into it before, the XRP Ledger has been around since 2012, making it one of the original blockchains built for fast, low-cost payments and institutional DeFi. Today, XRP sports a market cap of roughly $120 billion, and it’s best known for smoothing out those expensive, slow cross-border transfers.

By launching XRP futures, Coinbase is building another bridge between cryptocurrencies and traditional finance. It gives investors a regulated, straightforward way to bet on—or hedge with—XRP. As the broader market strives for maturity, having more regulated derivatives like these will be key to drawing in a wider range of investors and fueling the next wave of growth.