One Trading has launched XRP/EUR perpetual futures for both institutional and retail clients in the EU, effective 18 August.
The offering marks the first EUR denominated perpetual future for XRP, and is set to expand access for 24/7 trading and hedging out of market hours for the asset across the EU.
The move follows the launch of the exchange’s new regulated perpetual trading venue in April 2025, which established One Trading as the first trading venue for crypto perpetual futures in the EU.
In May, the firm also expanded access to cash-settled BTC/EUR and ETH/EUR perpetual futures pairs.
Speaking to The TRADE, Joshua Barraclough, chief executive of One Trading, said: “We have seen volumes increasingly rapidly month over month since we launched our EUR regulated futures and we expect XRP to similarly do well.”
Read more – Fireside Friday with… One Trading’s Joshua Barraclough
Through the launch, clients will be able to long or short XRP with leverage on the exchange, and the new offering is expected to address challenges such as cost and slow execution, by providing low fees, tight spreads and one minute settlement.
Barraclough also confirmed that One Trading plans to continue launching new trading pairs after XRP.
One Trading has consistently highlighted its aim to create a reliable digital asset ecosystem in Europe, and in May 2025, the firm expanded access to its new crypto-perpetual futures trading venue to retail investors in Germany, the Netherlands and Austria.
Similarly, in June, the firm partnered with LSEG Regulatory Reporting Solutions in a move which saw the platform integrating the post-trade regulatory reporting services’ Mifir and Emir reporting infrastructure to provide an automated solution to align with EU reporting obligations.
The firm said that the integration will help clients overcome obstacles such as compliance, operational burdens and lower standards of transparency.