{"id":429204,"date":"2026-06-02T13:46:08","date_gmt":"2026-06-02T08:16:08","guid":{"rendered":"https:\/\/dripp.zone\/news\/ripple-celebrates-launch-of-round-the-clock-cme-crypto-trading-crypto-news\/"},"modified":"2026-06-02T15:15:21","modified_gmt":"2026-06-02T09:45:21","slug":"ripple-celebrates-launch-of-round-the-clock-cme-crypto-trading-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-celebrates-launch-of-round-the-clock-cme-crypto-trading-crypto-news\/","title":{"rendered":"Ripple Celebrates Launch of Round-The-Clock CME Crypto Trading &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div wp_automatic_readability=\"65.847578347578\">\n<p>\t\t\t\t\t\t\t\t\t\t                        <?xml encoding=\"UTF-8\"???><\/p>\n<div class=\"article__contents\">\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h276925\">Ripple\u00e2\u0080\u0099s clearing infrastructure\u00a0<\/a><\/li>\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h376925\">Institutional demand for XRP derivatives<\/a><\/li>\n<\/ul>\n<\/div>\n<p dir=\"ltr\">Ripple Prime has\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Ripple\/status\/2061553248142868960\"><u>joined<\/u><\/a> the CME Group\u2019s newly launched 24\/7 cryptocurrency futures and options marketplace as a day-one clearing and financing partner.\u00a0<\/p>\n<p dir=\"ltr\">The CME Group, the world\u2019s largest derivatives exchange, expanded its trading hours for crypto derivatives on May 29. The expansion makes it possible to have continuous market access.<\/p>\n<p dir=\"ltr\">During the first weekend of 24\/7 operations, the CME reported over 7,200 contracts traded. These contracts logged approximately $50 million in notional value.\u00a0<\/p>\n<div class=\"article__hot\">\n<div class=\"article__hot-body\">\n        <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/xrp-shiba-inu-shib-bitcoin-btc-and-dogecoin-doge-price-analysis-for-june-2nd-chances-for-bull-run?from=hot-stories\" class=\"article__hot-link\"><br \/>\n    XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Dogecoin (DOGE) Price Analysis for June 2nd: Chances for Bull Run Are Slim<br \/>\n<\/a><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/death-to-liquidations-vitalik-pitches-options-based-defi?from=hot-stories\" class=\"article__hot-link\"><br \/>\n    Death to Liquidations: Vitalik Pitches Options-Based DeFi<br \/>\n<\/a><\/p><\/div>\n<\/div>\n<p dir=\"ltr\">This rather impressive liquidity was achieved due to the participation of both retail and institutional market participants.<\/p>\n<h2>Ripple\u2019s clearing infrastructure\u00a0<\/h2>\n<p dir=\"ltr\">CME needs proper infrastructure for processing trades and managing margins outside of traditional banking hours. In this case, Ripple Prime acts as a Futures Commission Merchant (FCM).<\/p>\n<p dir=\"ltr\">When institutional clients execute trades on the CME Globex platform during the weekend, Ripple Prime settles those transactions with the help of its infrastructure.\u00a0<\/p>\n<p dir=\"ltr\">Traditional clearing processes would be forced to pause without such a system. Hence, it creates a liquidity gap between the exchange and institutional balance sheets.\u00a0<\/p>\n<h2 id=\"h376925\">Institutional demand for XRP derivatives<\/h2>\n<p dir=\"ltr\">CME Group launched its XRP futures contracts in May 2025.\u00a0\u00a0<\/p>\n<p dir=\"ltr\">The first block trade occurred on Sunday, May 18, and it was notably cleared by Hidden Road, the brokerage firm that was acquired by Ripple and later rebranded as Ripple Prime.\u00a0<\/p>\n<p dir=\"ltr\">As reported by U.Today, XRP futures were the fastest-ever contracts on the CME to reach $1 billion in open interest. This milestone was reached in just three months.<\/p>\n<p dir=\"ltr\">Noel Kimmel, President of Ripple Prime, stated that the firm\u2019s infrastructure was specifically built to meet the demand for around-the-clock digital asset management.\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u00e2\u0080\u0099s clearing infrastructure\u00a0 Institutional demand for XRP derivatives Ripple Prime has\u00a0joined the CME Group\u2019s newly launched 24\/7 cryptocurrency futures and options marketplace as a day-one clearing and financing partner.\u00a0 The CME Group, the world\u2019s largest derivatives exchange, expanded its trading hours for crypto derivatives on May 29. The expansion makes it possible to have continuous [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":429210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-429204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=429204"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429204\/revisions"}],"predecessor-version":[{"id":429211,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429204\/revisions\/429211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/429210"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=429204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=429204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=429204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}