On April 21, Coinbase announced it was listing futures contracts for the XRP token on its US derivatives platform.
These contracts are regulated by the US CFTC and offer traders a "regulated, capital-efficient way to gain exposure to one of the most liquid digital assets," the company stated on the X platform.
Coinbase's XRP futures include standard contracts for 10,000 XRP and retail-focused nano contracts for 500 XRP each, valued at around $1,000 as of April 21, according to regulatory filings.
These contracts join the range of crypto futures available on Coinbase's derivatives platform, which also includes Solana and Hedera futures added in February.