XRP Futures Debut and Ripple Momentum in the UAE
On May 19, 2025, XRP reached a significant institutional milestone as CME Group launched XRP futures, marking a new era for the cryptocurrency. This development underscores growing interest in XRP within the financial sector.
Simultaneously, Ripple is gaining traction in the UAE. Following Ripple's DFSA license approval, Zand Bank and MamoPay have officially gone live on Ripple Payments. This innovation enables blockchain-powered, always-on cross-border payments in the UAE, one of the world's leading remittance hubs.
Brad Garlinghouse, alongside CME Group, celebrated this milestone on social media, highlighting the XRP Futures achievements. Ripple also emphasized the importance of UAE developments for its payment ecosystem.
These advancements signify remarkable progress for Ripple, the XRP community, and the broader crypto industry, solidifying their roles as key players in global financial innovation.
Paul Atkins' SEC Appointment Followed by XRP Futures and ETFs Launch
On April 21, 2025, Paul S. Atkins was sworn in as the 34th Chairman of the Securities and Exchange Commission (SEC), following his nomination by former President Donald J.Trump and Senate confirmation earlier that month. His tenure begins amidst groundbreaking developments in the cryptocurrency space.
On April 24, CME Group announced the launch of regulated futures trading for XRP starting May 19, offering both larger and micro-sized contracts for greater flexibility. The very next day, Hashdex unveiled XRPH11, the world's first XRP ETF, on the Brazilian stock exchange, granting secure and regulated access to XRP.
These developments highlight Ripple's growing influence and the broader crypto community’s commitment to innovation, signaling a promising future for digital finance.
CME Officially Adds Ripple's XRP and ICP to Its Website
On July 11th, 2024, the CME Group made a significant announcement, revealing their plans to introduce two new cryptocurrency reference rates and real-time indices for Ripple’s (XRP) and Internet Computer (ICP). These rates will be computed and released daily by CF Benchmarks, starting on July 29.
The official confirmation of this initiative is now available on the CME website, signifying a pivotal moment for Ripple and its community of XRP enthusiasts. This development further solidifies the position of XRP in the cryptocurrency market and is likely to impact its value positively.
As the integration with CME progresses, it may open doors to broader adoption and increased utility for Ripple's digital asset.
Overall, the decision by CME to include XRP in its cryptocurrency reference rates is a clear indication of the growing significance of Ripple's native digital currency in the global financial landscape.