CME Group and Binance are leading institutional bets on XRP futures, with commitments of $894.70 million and $615.52 million, respectively, alongside contributions from Gate, Bybit, and Bitget. The combined funding underscores the scale of liquidity backing XRP derivatives from top crypto exchanges.
Ripple has secured an EMI license and Cryptoasset Registration from the U.K. Financial Conduct Authority, enabling UK firms to use XRP for cross-border payment settlements. The EMI license and Cryptoasset Registration mark regulatory acceptance for XRP-based cross-border activity in the United Kingdom.
These developments highlight growing institutional interest and regulatory clarity for XRP-based settlements in the United Kingdom and beyond. They underscore the convergence of capital commitment and regulatory approval around XRP derivatives.
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