TL;DR
- Gemini will launch XRP perpetual contracts on its European platform, operated by its Malta-based subsidiary authorized by the MFSA.
- The contracts will allow traders to open long or short positions with up to 100x leverage, settled in USDC and with no expiration date.
- The launch expands Gemini’s lineup of regulated derivatives in Europe, which already includes Bitcoin, Ethereum, and Solana.
Gemini, the U.S. exchange founded by the Winklevoss twins, has launched XRP perpetual contracts on its European platform, operated by its subsidiary Intergalactic EU Artemis Ltd., registered in Malta and authorized by the Malta Financial Services Authority (MFSA). It is the first time the company has offered leveraged XRP products to users within the European Union.
The new contracts allow traders to take long or short positions on XRP with up to 100x leverage, settled in USDC and without an expiration date. This format differs from traditional futures, as it lets traders keep positions open indefinitely, provided margin requirements are maintained. The company explained that these products are intended for experienced traders, as their high volatility can lead to rapid liquidations and significant losses.
Gemini Now Has 4 Assets in the European Market
The launch is part of Gemini’s broader expansion into Europe’s regulated derivatives market, where the company aims to position itself as a strict compliance alternative to offshore exchanges. Until now, its platform already offered perpetual contracts for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), all settled in USDC, and it now adds XRP as the fourth asset in its derivatives lineup.
A Response to XRP’s Market Popularity
The addition of XRP reflects its continued popularity in the crypto market. According to data from CoinGlass, the token records $13.18 billion in derivatives volume and $3.35 billion in open interest, placing it among the most traded digital assets globally. For Gemini, offering exposure to XRP represents a strategic opportunity in a market increasingly focused on transparent and compliant trading instruments.
The company clarified that geographic and availability restrictions apply in accordance with EU regulations. It also reminded users that perpetual contracts are high-risk instruments and may not be suitable for all investors.
Gemini is strengthening its presence in Europe. The exchange stands out as one of the few U.S.-based firms offering XRP derivatives under a clear regulatory framework, combining leverage, liquidity, and institutional-grade security standards
