Coinbase Derivatives Expands Its Offerings with Regulated XRP Futures Contracts

The new products, whose launch was announced on an Apr. 21 post on X, are self-certified by the Commodity Futures Trading Commission.

Coinbase Global's subsidiary, Coinbase Derivatives, has announced the launch of regulated XRP futures contracts, expanding its derivatives offerings for U.S.-based crypto traders.

Announced via X on Friday, the new products are self-certified by the Commodity Futures Trading Commission and designed to provide capital-efficient exposure to one of the most liquid digital assets with minimal liquidity risk.

Coinbase Derivatives, LLC is now offering CFTC-regulated futures for $XRP.

Both nano and standard futures on the token have been launched and benchmarked to the MarketVector Coinbase XRP Index, paying out in U.S. dollar cash. The standard contract covers 10,000 XRP and the nano version 500 XRP.

The smaller contract size is designed to appeal to smaller market participants and retail traders, while the standard version offers greater liquidity suitable for larger institutions.

The new offerings expand Coinbase's U.S. derivatives platform, which already provides over 20 cryptocurrency-based contracts in addition to traditional products linked to commodities like gold and crude oil.

Coinbase's XRP futures launch follows similar listings for Solana (SOL) and Hedera (HBAR), which went live in February 2025.

The launch comes at a time when institutional interest in XRP is on the rise. Asset managers such as Bitwise, 21Shares, and Franklin Templeton have filed with the U.S. Securities and Exchange Commission to launch XRP-linked exchange-traded products. Coinbase's listing could help to meet that demand by offering a compliant way for institutions to gain exposure to the token.

The launch also arrives during a major development in the SEC's long-running legal battle with Ripple Labs, the company behind the XRP Ledger. Earlier this month, both parties filed a joint motion to pause the case, stating that they had reached "an agreement-in-principle" to settle the case out of court.