“The Crypto Exchange’s New Derivatives Offering Is Regulated by The CFTC and WILL MIRROR The FUNCTIONS OF THE INCREASING POPULAR PERPETUAL CONTRACTS CURRENTLY NOT APACT”, – WRITE: www.coindesk.com
The New Vehicle, FIRST AVAILABLE BE BITCOIN
and Eth
Will Trade on the Coinbase Derivatives Exchange, A CFTC-REGULATED VENUE.
Unlike Offshore Perpetuals, Which Dominate Global Crypto Derivatives Markets But Are Not Approved in The Us, Coinbase’s Instruments Are Structures They Incorporate A FUNDING RATE MECHANISM THAT ACCRUES HOURLY AND IS SETTLED TWICE DAILY TO MIMIC The PRICE DYNAMICS OF PERPETUAL SWAPS. Trading Will Be Available 24/7 and Settlements Will Be Handled Through Regulated Clearing.
Coinbase’s US PERPETUAL-STYLE FUTures (Coinbase)
Separatly, Coinbase CEO Brian Armstrong Said the Company Also Accuumulates Bitcoin on a Regular Basis As An Investment.
“We’re Buying More Bitcoin Every Week. Long Bitcoin,” Armstrong Said in a Thursday X Post in Respons to David Bailey, Ceo of The Bitcoin Treasury Firm Nakamoto Holding.
This Comes After Coinbase Cfo ALESIA HAASIA REVELED IN THE FIRST QUARTER 2025 EARNINGS CALL THAT The FIRM PURCHASED $ 150 MILLION IN CRYPTO, PREDOMINANTLY BITCOIN. Coinbase Holds 9.257 BTC WORTHly $ 1 Billion on Its Corporate Balance Sheet and Is One of the Top 10 Publicly-Listed Holders of The Asset
Read More: Coinbase Comes Full Circle, Soars to Highest Price Since 2021 NASDAQ DEBUT
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