Crypto Token Tracker logo Crypto Token Tracker logo
CoinGape 2025-03-19 16:06:27

Bitnomial Launches XRP Futures Contract, Drops Lawsuit Against SEC

Crypto Options and Futures Exchange Bitnomial has announced the launch of the XRP futures contract, a product it has placed on its radar since at least October 2024. The exchange noted that the push for this product comes amid the improving regulatory clarity with the US Securities and Exchange Commission (SEC). The Bitnomial XRP Futures Contract As the Options exchange noted on X , this XRP Futures contract will be the first-ever CFTC-regulated offering in the United States. Bitnomial said its current clients will have access to the XRP Futures product from March 20, 2025. As it revealed, prospective clients can onboard with one of its three FCM Partners. These include R.J. O’Brien and Associates, Marex Capital Markets, Inc., and Bitnomial Clearing LLC. Bitnomial made this move shortly after the US SEC ended its Ripple lawsuit appeal . This is a developing story, please check back for updates!!! The post Bitnomial Launches XRP Futures Contract, Drops Lawsuit Against SEC appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.