Ripple Prime is expanding its institutional offerings, granting users access to regulated cryptocurrency derivatives on Coinbase's derivatives exchange. This integration allows clients to trade futures contracts for Bitcoin, Ethereum, XRP, and Solana, including nano-sized options, within a CFTC-regulated environment.
The partnership leverages Ripple's acquisition of a Futures Commission Merchant, facilitating access to Coinbase derivatives. Ripple Prime, a platform providing financing, clearing, and prime brokerage services, processed over $3 trillion in transactions in 2025.
By becoming a clearing member of Nodal Clear, Ripple is enhancing institutional derivatives access through a regulated clearing system. Noel Kimmel, President of Ripple Prime, expressed enthusiasm for the partnership with Nodal Clear and Coinbase, aiming to broaden exchange coverage and introduce new futures trading opportunities.
This move follows Ripple Prime's earlier expansion into DeFi derivatives via Hyperliquid, underscoring the platform's strategy to improve capabilities through both centralized and decentralized avenues for institutional access.