Ripple expands institutional crypto futures access by integrating Coinbase Derivatives contracts into its prime brokerage platform, opening regulated trading opportunities for global clients and linking deeper liquidity with a rapidly growing institutional derivatives market.
Regulated Crypto Futures Access Widens as Ripple Prime Links to Coinbase
Access to Coinbase Derivatives futures markets widened as Ripple Prime clients gained the ability to trade the full suite of Coinbase Derivatives contracts cleared by Nodal Clear. The access follows Ripple becoming a clearing member and routing trading through its prime brokerage platform.
“We are pleased to partner with Nodal Clear and Coinbase as we continue to expand our exchange coverage and bring new futures trading opportunities to our clients,” Ripple Prime President Noel Kimmel stated in a press release on March 5. The executive added:
“Offering the full suite of Coinbase Derivatives contracts within Ripple Prime’s robust clearing framework underscores our commitment to delivering increased market access and efficiency to institutions globally.”
This expanded access is facilitated through Hidden Road Partners CIV US LLC, the futures commission merchant acquired by Ripple last year. Now known as Ripple Prime, the platform provides multi-asset prime brokerage, clearing, and financing services and cleared more than $3 trillion in 2025.
Coinbase Derivatives offers traditional futures contracts tied to cryptocurrencies and commodities, alongside U.S. perpetual-style futures contracts. Products available through the arrangement include nano bitcoin (BIT) and nano ethereum (ET) futures, as well as institutional and nano-sized contracts tied to solana ( SOL) and $XRP.
“We’re pleased to collaborate with Ripple to continue expanding access to Coinbase Derivatives contracts,” Boris Ilyevsky, head of U.S. futures exchange at Coinbase, noted. He emphasized:
“As demand for regulated crypto futures continues to grow, this collaboration reinforces our commitment to delivering deep liquidity, innovative contract design, and 24/7 trading to a broader range of market participants within a secure, CFTC-regulated framework.”
Nodal Clear, a derivatives clearing organization regulated by the U.S. Commodity Futures Trading Commission (CFTC), clears transactions for both Nodal Exchange and Coinbase Derivatives Exchange. Chairman and CEO Paul Cusenza said: “We are pleased to welcome Ripple as a new clearing member of Nodal Clear. Through this relationship, Ripple’s clients can now efficiently access the full suite of Coinbase Derivatives contracts, further diversifying the trading opportunities available through our clearing services.”
FAQ 🧭
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Why does Ripple joining Nodal Clear matter for crypto futures markets?
It allows Ripple Prime clients to access regulated Coinbase Derivatives futures contracts through a clearing framework approved by the CFTC. -
What futures contracts are now available through Ripple Prime?
Clients can trade nano bitcoin, nano ethereum, solana, and $XRP futures listed on Coinbase Derivatives. -
How significant is Ripple Prime’s brokerage platform for institutions?
The platform cleared more than $3 trillion in 2025, highlighting its growing role in institutional crypto trading. -
Why are regulated crypto futures attracting institutional demand?
They offer structured exposure to digital assets with standardized contracts, liquidity, and regulatory oversight.
