Gemini Unveils 100× XRP Perpetual Futures in EU Market
Gemini has launched XRP perpetual futures with up to 100× leverage for EU traders via its non-U.S. derivatives arm, Gemini Foundation. The new product lets professional and retail traders take long or short positions on XRP without direct token custody. Settled in USDC under the EU’s MiCA framework, these XRP perpetual futures compete with offerings from Binance, Bybit and OKX, boosting liquidity and margin trading in the European crypto derivatives market. Meanwhile, SWIFT plans to shift from messaging to full transaction management by November 2025, integrating digital assets and ISO 20022 standards to streamline cross-border payments. Pilot tests on distributed ledger technology have shown instant liquidity and reduced counterparty risk. Traders can expect higher XRP volatility and deeper liquidity in the short term, while Gemini’s derivatives expansion and SWIFT’s digital asset integration may drive wider institutional adoption of tokenized assets over the long term.
Bullish
The launch of XRP perpetual futures by Gemini introduces up to 100× leverage and deeper liquidity to the EU market. This increased accessibility and margin trading capacity typically drives demand and trading volume, supporting a bullish outlook in the short term as volatility and volume rise. Over the long term, regulatory compliance under MiCA and competition with major exchanges enhance market confidence. Additionally, SWIFT’s planned integration of digital assets and ISO 20022 standards may further legitimize tokenized assets. Together, these developments are likely to attract institutional interest and support a sustained bullish trend for XRP.