Coinbase Launches XRP Futures TAS Feature to Attract Institutional Investors

　　BroadChain learned that at 22:55 on April 24, according to Bitcoinist, Coinbase will launch the Trade at Settlement (TAS) function for XRP futures on May 1, allowing institutions to execute block trades at the official settlement price, reducing intraday volatility risk. This function applies to nano and full-size XRP futures, accompanied by a market maker program to improve order book liquidity.

　　This move comes amid surging demand for XRP ETFs, with inflows of $75 million this month and total net assets exceeding $1 billion. Additionally, SoFi Bank has supported XRP deposits, and Ripple pointed out that institutional demand is growing due to regulatory clarity. XRP is currently trading at $1.42, up in the past 24 hours.