Ripple’s CEO Celebrates XRP Milestone Amid Serious Investor Warning!

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<a href="https://pricpr.com/xrp-usd/">Ripple</a> Issues Stern Warning To Investors As CEO Celebrates New <a href="https://investment-policy.com/xrp-usd/">XRP</a> Milestone

Institutional investors are likely to take notice of XRP as it prepares for a new surge of interest, thanks to a significant upgrade that underscores the increasing importance of this digital token within the cryptocurrency sector.

The recent development is the addition of XRP and Micro XRP futures on the CME Group, signifying a significant achievement in the cryptocurrency world. Brad Garlinghouse, CEO of Ripple, has shared this thrilling news via social media platforms, while Ripple has issued an important advisory for crypto investors.

Ripple CEO Hails Institutional Breakthrough For XRP

Brad Garlinghouse announced on social media platform X that the launch of both XRP and Micro XRP futures contracts on CME Group – the world’s leading derivatives marketplace – represents a significant milestone for XRP. Notably, these contracts began active trading immediately, as Garlinghouse also revealed that the first block trade on CME had already been completed by Hidden Road, a well-known institutional trading firm.

This action integrates XRP into a regulated derivatives environment, which has historically attracted institutional investors such as asset managers, hedge funds, and large-scale investors. By doing so, it positions XRP alongside Bitcoin and Ethereum, whose confidence from investors increased and market activity deepened following their respective listings on the Chicago Mercantile Exchange (CME) futures market.

In essence, the debut of both XRP and Micro XRP futures aligns with the existing trends in the XRP market, particularly considering the escalating attention from institutional investors. Moreover, the availability of XRP futures on the Chicago Mercantile Exchange (CME) indicates that the cryptocurrency is evolving towards a more organized financial instrument, which might impact the Securities and Exchange Commission’s (SEC) future rulings regarding Spot XRP Exchange Traded Funds (ETFs).

At CME Group, you can trade XRP futures in two different sizes: a smaller one, equivalent to 2,500 Ripple units, and a larger one, representing 50,000 Ripple units. On its debut, these contracts saw over $19 million worth of trades according to Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group.

Ripple Issues Major Alert To Investors

Immediately following the announcement about our project’s upcoming launch, I felt compelled to share a public advisory from Ripple’s official account. This warning aimed to protect our community members from an increase in scams that have been targeting XRP holders. In essence, Ripple is urging all users to remain vigilant and be aware that no legitimate representative of our company would ever ask for the sending of XRP by individuals.

The advisory also included a crucial reminder to steer clear from any suspicious links and emphasized the significance of verifying accounts before engaging with them. In other words, it’s essential to ensure the authenticity of any communication that seems related to Ripple or its projects before taking action.

This warning is connected to a recurring trend in the cryptocurrency sector, where fraudulent activities often increase when the market is on an upward trajectory. For instance, a Wellington resident was apprehended by New Zealand Police for his alleged involvement in a criminal network that allegedly stole NZD 450 million (equivalent to USD 265 million). Additionally, crypto exchange Coinbase has recently experienced a phishing incident leading to the exposure of minimal user data.

At the time of writing, XRP is trading at $2.35, down by 8.7% in a seven-day timeframe.

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2025-05-21 21:41