Coinbase’s XRP futures contracts, tracking price and settling in USD, launch on April 21.
Before Coinbase, Bitnomial and other major exchanges already offered XRP futures.
US-based crypto exchange Coinbase filed with the Commodity
Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP
token yesterday (Thursday).
The move could have fuelled XRP's price to surge. However,
XRPUSD’s H1 chart indicates a bearish trend, with the price declining after a
rejection at intraday resistance. A bearish engulfing candle suggests a
continuation of the downside momentum.
Coinbase Plans Cash-Settled XRP Futures
The filing states that Coinbase intends to introduce a
monthly cash-settled and margined contract, traded under the symbol XRL, with
each contract representing 10,000 XRP, valued at approximately $20,000 at $2
per token. The contract is expected to go live on April 21.
Coinbase’s filing outlines that the XRP futures contract
will track XRP’s price and be settled in US dollars. Trading will be paused if
spot XRP prices fluctuate more than 10% in one hour.
Bitnomial First to Offer XRP Futures
While Coinbase's announcement marks a significant step, it
is not the first exchange to offer XRP futures in the US. In March, Bitnomial,
a Chicago-based exchange, introduced the first CFTC-regulated XRP futures.
Other major exchanges, including Binance, OKX, Bybit, and BitMEX, already offer
XRP futures trading.
Coinbase mentioned that it had consulted with Futures
Commission Merchants (FCMs) and market participants who support the launch of
this contract.
XRPUSD, H1 Chart, Source: TradingView
Ripple Gains Attention Amid Regulatory, Strategic, and DeFi
Developments
Ripple has gained attention due to recent developments.
Michael Saylor, Executive Chairman of Strategy, discussed cryptocurrencies in
US strategic reserves after President Trump’s executive order, which listed
Bitcoin, Ethereum, XRP, Solana, and Cardano. Saylor
suggested XRP should be regulated.
In South Korea, BDACS
will use Ripple Custody to secure XRP and RLUSD, while Ripple donated
$100,000 in XRP for California wildfire relief. Ripple expects Japanese banks
to adopt XRP Ledger by 2025 for cross-border payments.
US-based crypto exchange Coinbase filed with the Commodity
Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP
token yesterday (Thursday).
The move could have fuelled XRP's price to surge. However,
XRPUSD’s H1 chart indicates a bearish trend, with the price declining after a
rejection at intraday resistance. A bearish engulfing candle suggests a
continuation of the downside momentum.
Coinbase Plans Cash-Settled XRP Futures
The filing states that Coinbase intends to introduce a
monthly cash-settled and margined contract, traded under the symbol XRL, with
each contract representing 10,000 XRP, valued at approximately $20,000 at $2
per token. The contract is expected to go live on April 21.
Coinbase’s filing outlines that the XRP futures contract
will track XRP’s price and be settled in US dollars. Trading will be paused if
spot XRP prices fluctuate more than 10% in one hour.
Bitnomial First to Offer XRP Futures
While Coinbase's announcement marks a significant step, it
is not the first exchange to offer XRP futures in the US. In March, Bitnomial,
a Chicago-based exchange, introduced the first CFTC-regulated XRP futures.
Other major exchanges, including Binance, OKX, Bybit, and BitMEX, already offer
XRP futures trading.
Coinbase mentioned that it had consulted with Futures
Commission Merchants (FCMs) and market participants who support the launch of
this contract.
XRPUSD, H1 Chart, Source: TradingView
Ripple Gains Attention Amid Regulatory, Strategic, and DeFi
Developments
Ripple has gained attention due to recent developments.
Michael Saylor, Executive Chairman of Strategy, discussed cryptocurrencies in
US strategic reserves after President Trump’s executive order, which listed
Bitcoin, Ethereum, XRP, Solana, and Cardano. Saylor
suggested XRP should be regulated.
In South Korea, BDACS
will use Ripple Custody to secure XRP and RLUSD, while Ripple donated
$100,000 in XRP for California wildfire relief. Ripple expects Japanese banks
to adopt XRP Ledger by 2025 for cross-border payments.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
