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Coinbase is accelerating the expansion of its ecosystem by introducing new futures trading features to attract institutional investors' funds into the XRP market.
According to cryptocurrency specialized media Bitcoinist on April 24 (local time), Coinbase will fully introduce the Trade at Settlement (TAS) feature for XRP futures products starting May 1. Trade at Settlement is a tool that helps institutional investors execute large block trades at official settlement prices while avoiding intra-day volatility risks. This is a result of reflecting the demands of large institutions that desire stable fund execution in a regulated environment.
Along with the introduction of this feature, Coinbase will also simultaneously launch a market maker program to provide liquidity. The strategy is to make the order book of the XRP futures market more robust, minimizing price slippage that occurs during large-scale transactions. Market analysts predict that the establishment of these institutional mechanisms will be a decisive turning point in making XRP perceived as an even more attractive asset to whale-level investors.
The inflow of funds into XRP spot ETFs is also showing a noticeable increase. According to SoSoValue data, a total of $75 million has flowed into related funds this month alone. The total net asset value of current XRP spot ETFs has exceeded $1 billion, demonstrating strong institutional demand. Ripple emphasized that the legal clarity obtained through past rulings has been a strong backdrop for the inflow of institutional funds.
The expansion of contact with traditional financial institutions is also acting as a positive factor. SoFi, a US nationally chartered bank, recently began supporting XRP deposits, significantly enhancing user accessibility. Ripple assessed that increased accessibility through major financial platforms like SoFi leads to actual utility growth. As activity on the XRP Ledger becomes more robust, expectations are growing that the asset's value will also rise in tandem.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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