Coinbase has broken new ground in the U.S. crypto space by launching nonstop Bitcoin and Ethereum futures trading, becoming the first regulated platform in the country to operate around the clock.
The service, offered through its CFTC-regulated arm Coinbase Derivatives, gives both institutional and retail investors the ability to respond to market movements 24/7—including weekends.
Trades on the new platform will be cleared by Nodal Clear, another CFTC-regulated entity, ensuring compliance and stability in the rapidly evolving derivatives sector.
Coinbase Derivatives CEO Boris Ilyevsky said the offering is the result of extensive collaboration with regulators and marks a major step toward maturing U.S.-based crypto markets.
Coinbase isn’t stopping there. The exchange plans to roll out perpetual futures contracts in the near future, backed by institutional partners such as Virtu Financial, ABN AMRO, Wedbush Securities, and Coinbase Financial Markets.
The launch follows Coinbase’s March announcement of the service and comes shortly after its $2.9 billion acquisition of Deribit—a strategic move to further cement its footprint in global crypto derivatives trading.
Kraken has officially launched its U.S.-regulated crypto derivatives platform, marking a major step toward merging traditional finance tools with digital asset markets.
If you’re holding USDC and want to maximize your yield, Deribit now offers rewards for eligible users who store USDC on its platform.
Kazakhstan is considering allocating a portion of its gold and foreign currency reserves, along with National Fund assets, into crypto-related investments.
Grayscale Investments announced today that it has confidentially submitted a draft registration statement on Form S-1 to the U.S.