- Ripple Prime now lets institutions trade full Coinbase crypto futures 24/7 under CFTC regulation, including nano BTC, ETH, SOL, and XRP.
- Hidden Road acquisition strengthens Ripple Prime’s clearing and brokerage, offering $3T+ derivatives access and seamless risk management.
- Partnership with Nodal Clear ensures efficient clearing and diversified futures trading, bringing traditional bank services to crypto markets.
Ripple Prime has expanded institutional access to regulated crypto derivatives, announcing joint integration with Nodal Clear and Coinbase Derivatives. The move allows Ripple Prime clients to trade the full suite of Coinbase futures contracts, including nano Bitcoin (BIT), nano Ethereum (ETH), Solana (SOL), and XRP contracts.
This offering runs 24/7 under CFTC supervision, providing global institutions precise risk management and reliable market access. Besides traditional crypto and commodity futures, Ripple Prime users can now access U.S. perpetual-style contracts, aligning digital asset trading with mature financial markets.
Ripple Prime achieved this expansion through Hidden Road Partners CIV US LLC, acquired last year and fully integrated into Ripple Prime. “We are pleased to partner with Nodal Clear and Coinbase as we continue to expand our exchange coverage and bring new futures trading opportunities to our clients,” said Noel Kimmel, President of Ripple Prime.
The acquisition strengthens Ripple’s prime brokerage capabilities, clearing over $3 trillion by 2025, and ensures clients have seamless access to derivatives while managing risk, margin, and capital efficiently.
Institutional Demand Drives Derivatives Growth
Institutional interest in digital assets continues to grow, with hedge funds, asset managers, and proprietary trading firms seeking regulated, liquid, and reliable trading venues. Coinbase Derivatives’ products, listed under CFTC supervision, address institutional due diligence requirements and risk management needs.
“As demand for regulated crypto futures continues to grow, this collaboration reinforces our commitment to delivering deep liquidity, innovative contract design, and 24/7 trading to a broader range of market participants within a secure, CFTC-regulated framework,” said Boris Ilyevsky, Head of U.S. Futures Exchange, Coinbase.
As a result, Ripple Prime users gain regulated market exposure combined with robust clearing and prime brokerage support.
Moreover, Nodal Clear’s infrastructure enables efficient clearing for Ripple clients, ensuring streamlined execution and diversified trading opportunities. “We are pleased to welcome Ripple as a new clearing member of Nodal Clear,” said Paul Cusenza, Chairman and CEO.
By connecting execution, prime brokerage, and clearing, Ripple Prime replicates services traditionally offered by major banks, catering to large institutions entering crypto markets.