LATEST: Coinbase Launches Mag7 Plus Crypto Equity Index Futures On September 22

Coinbase has unveiled plans to launch futures trading for its first equity index product, blending top tech stocks with crypto exposure. The Mag7 + Crypto Equity Index Futures combines Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, and Coinbase shares with BlackRock’s spot Bitcoin and Ethereum ETFs. Each component will hold an even 10% weighting, giving traders diversified exposure to both traditional and digital markets.

The move follows a decline in Coinbase’s spot trading volumes and revenue in the second quarter. By broadening its U.S. derivatives platform, the exchange is signaling a stronger push to attract users with innovative products that connect the worlds of equities and crypto. The firm also recently launched a DEX integration, expanding access to previously unavailable tokens.

Industry watchers see this as part of a broader trend, where digital asset platforms are increasingly bridging traditional finance with blockchain technology. Coinbase’s latest product aims to entice investors seeking hybrid opportunities between stocks and crypto.

Source

29K Reads