PANews reported on March 6th that, according to CoinDesk,
Ripple announced that institutional clients of its clearing platform,
Ripple Prime, can now trade all crypto futures products listed on Coinbase Derivatives, including futures contracts for
Bitcoin, Ethereum, Solana, and
XRP, cleared by the US clearing firm Nodal Clear. The
Ripple Prime platform is projected to clear over $3 trillion in trading volume by 2025. This expansion builds upon Hidden Road, a futures commission broker and prime broker acquired by
Ripple last year for $1.25 billion. This business is now integrated into
Ripple Prime, offering brokerage, clearing, and funding services across multiple asset classes. This move reflects the growing institutional demand for regulated crypto derivatives.