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Chicago Mercantile Exchange (CME) Group to launch XRP futures

Coin Telegraph LogoCoin Telegraph12h ago

Chicago Mercantile Exchange (CME) Group to launch XRP futures - Coin Telegraph

Quick Summary:

The asset manager's proposed ETF will hold spot TRX but will stake a portion of the token to accrue yield, which, at the time of this writing, is 4.5% for TRX.On April 22, Crypto.com and the Trump Media and Technology Group (TMTG), a media conglomerate partially owned by the US President, signed a deal to launch an ETF tracking US crypto projects.

Source: CME GroupRelated: CME Group taps Google Cloud for pilot asset tokenization programFinancial institutions push for altcoin financial productsOn March 17, Solana (SOL) futures debuted on the Chicago Mercantile Exchange.

The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivatives exchanges worldwide, recently announced that XRP (XRP) futures contracts will go live on May 19.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 17:37:11 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28197077

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 39 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://apeiron.beamstart.com/news/chicago-mercantile-exchange-cme-group-174551334680

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