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Coinbase is accelerating ecosystem expansion by introducing new futures trading features to attract institutional investors' funds into the XRP market.
According to crypto-specialized media Bitcoinist on April 24 (local time), Coinbase will officially introduce the Trade at Settlement (TAS) feature for XRP futures products starting May 1. TAS is a tool that helps institutional investors execute large block trades at the official settlement price while avoiding intraday volatility risks. This reflects the demands of large institutions seeking 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, making XRP a more attractive asset for 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 current total net asset value of XRP spot ETFs has surpassed $1 billion, demonstrating strong institutional demand. Ripple emphasized that the legal clarity obtained through past rulings has been a strong backdrop for institutional fund inflows.
The expansion of interaction with traditional financial institutions is also acting as a positive factor. SoFi, a US nationally chartered bank, recently began supporting XRP deposits, significantly increasing user accessibility. Ripple evaluated that increased accessibility through major financial platforms like SoFi leads to actual utility growth. As activity on the XRP Ledger becomes more active, expectations are growing that the asset's value will also rise.
*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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