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CME Group to Launch XRP Futures on May 19

  • CME Group is set to launch XRP futures trading on May 19, expanding its cryptocurrency derivatives offerings.
  • The offering includes micro and large XRP contracts, with the micro version corresponding to 2,500 XRP and the larger version to 50,000 XRP.
  • CME Group's crypto marketplace has experienced robust trading activity, with a 141% annual growth rate in the first quarter.
  • Other platforms and exchanges, such as Robinhood and Coinbase, have also introduced XRP futures, indicating increasing mainstream acceptance of XRP.

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