Ripple adds Coinbase crypto futures to its $3 trillion clearing platform

• Ripple's $3 trillion clearing platform, Ripple Prime, now offers Coinbase crypto futures cleared by Nodal Clear.
• Contracts include bitcoin, ether, SOL and XRP futures available for trading around the clock for institutional clients.
• The expansion reflects growing institutional demand for regulated crypto derivatives.

Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives.

The move gives institutions a new way to access regulated crypto derivatives within a market overseen by the Commodity Futures Trading Commission. Ripple said that its Prime platform cleared more than $3 trillion in trading volume in 2025.

The offering includes nano bitcoin BTC$71,257.97 and nano ether (ETH) futures, which are smaller contracts designed to lower the capital needed to trade. Coinbase also lists futures tied to Solana and XRP in both standard and smaller sizes. The contracts are cleared through Nodal Clear, a U.S. clearing house.

Crypto derivatives have become one of the fastest growing parts of the digital asset market. Many large trading firms prefer futures because they allow investors to gain exposure to price moves or hedge risk without holding the underlying tokens. Regulated futures markets in the U.S. have also drawn interest from institutions that need clear rules and centralized clearing.

The new service builds on Hidden Road, a futures commission merchant and prime broker Ripple acquired last year for $1.25 billion. The firm now operates as Ripple Prime and offers brokerage, clearing and financing services across several asset classes.

Ripple has been on an acquisition spree over the past year, buying a slew of companies to complement the firm's digital assets offering for institutions and enterprises. On top of Hidden Road, the company bought stablecoin payments firm Rail for $200 million, and also acquired treasury technology provider GTreasury and crypto wallet infrastructure startup Palisade.

CORRECTION (March 5, 21:52 UTC): Updates headline and first bullet to clearing platform.

• Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.

• A U.S. judge issued a temporary restraining order freezing 70.6 BTC allegedly belonging to Dominion Capital and blocking crypto lender BlockFills from moving assets abroad.
• The court ordered BlockFills to account for and segregate customer funds.
• The order comes after BlockFills suspended withdrawals and racked up roughly $75 million in losses, as insolvency concerns grow and the firm seeks a buyer.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.