Bitnomial.com kicks off its XRP futures trading despite important changes in the Ripple legal proceedings.On March 19, 2025 Ripple CEO Brad Garlinghouse revealed that the SEC abandoned their appeal process in the ongoing legal case against Ripple. The government agency’s decision to stop its pursuit of Ripple led to hope for Ripple token investors.
Bitnomial canceled their own legal case against the SEC when the regulator ended their pursuit of Ripple. The company lodged its lawsuit against the SEC in October 2024 after the regulator challenged Bitnomial’s XRP futures product jurisdiction. Fresh SEC leadership and business-oriented Trump Administration policies push Bitnomial to begin its product launch.
It made a public statement that it withdrew its lawsuit against the SEC on the same day it introduced its XRP futures contract for trading. Bitnomial will launch its reviewed Ripple futures product this Thursday with proper CFTC certification.
Crypto Market Eyes XRP
As of March 20, 2025, Bitnomial will offer XRP futures contracts to its present clientele. New customers will join Bitnomial’s system by partnering with one of its FCM-approved companies to access its services. The companies make futures contracts tradeable and help more investors get into this new product.
“Bitnomial is launching the first-ever CFTC-regulated $XRP futures in the U.S. — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves,” the exchange wrote in an X post.
As a subsidiary company Bitnomial Clearing discharges settlement and clearing tasks for XRP futures trades along our(Bitnomial) FCM partners. The release of this new contract enhances both crypto derivatives options and offers institutional investors fresh ways to invest in Ripple token .
The court ruling helped Ripple token increase in value as Ripple gained legal success in its battle. Market specialists believe Ripple token may keep its positive trend going since traders expect positive growth prospects. Institutional support of XRP futures trading will lead to greater market activity and easier asset trading.
Bitnomial started XRP futures trading to show how US regulations are changing and how investors accept digital asset financial services. The market may get new regulated crypto derivatives products thanks to the CFTC’s oversight when the SEC withdraws its authority. A possible suspension of cryptocurrency restrictions from the Trump administration will help shape new money products backed by major digital currency markets.
The growth of the crypto market sector will bring institutional investors to trade in XRP futures contracts. The advance of Ripple token into the market depends on Bitnomial creating new authorized derivatives tools.