u.today
Chicago-based derivatives giant CME Group is on track to launch $XRP-based futures later today.
As reported by U.Today, the world's largest derivatives exchange urged $XRP holders to mark their calendars last week.
The product was officially announced in late April following months of speculation.
The price is down 3.5% ahead of the launch. The token is currently changing hands at $2.31, according to CoinGecko data.
It remains to be seen how the launch of CME's futures will affect the $XRP price.
When CME launched regulated Bitcoin futures, it marked the top of a major bull market cycle in early 2018.