Coinbase Institutional files for XRP futures trading with CFTC

US crypto exchange Coinbase has filed with the US Commodity Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP token. “We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures — bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” stated Coinbase Institutional on April 3.  The firm added that it anticipates the contract going live on April 21. According to the certification filing, the XRP (XRP) futures contract will be a monthly cash-settled and margined contract trading under the symbol XRL source: https://cointelegraph.com/news/coinbase-institutional-files-xrp-futures-trading-with-cftc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound