Ripple Prime has joined CME Group's newly launched 24/7 crypto futures and options market as its first-day clearing and funding partner. CME expanded trading hours for crypto derivatives on May 29, meaning more continuous market access for these products.

Trading data from the first weekend showed that CME reported over 7,200 contracts traded, with a notional value of approximately $50 million. CME stated that this liquidity was driven by both retail and institutional participants.

Ripple Prime handles weekend clearing.

CME needs to process trades and margins outside of traditional bank hours. Ripple Prime provides support as a futures commission broker, helping institutional clients settle trades through CME Globex on weekends.

Without this type of infrastructure, traditional clearing processes would be suspended on weekends, creating liquidity gaps between exchanges and institutional balance sheets.

XRP futures continued to rise.

CME launched XRP futures in May 2025. Subsequently, the first block trade was completed on Sunday, May 18, and cleared by Hidden Road, formerly known as Ripple Prime, which was acquired by Ripple.

Data cited by U.Today shows that XRP futures reached $1 billion in open interest on the CME in just three months, setting a new record for the fastest-growing contract on the exchange. Ripple Prime President Noel Kimmel stated that the company's infrastructure was built to meet the needs of 24/7 digital asset management.