The ‘Everything Exchange’ Expansion

Coinbase becomes one of the first major centralized venues to offer stock perpetual futures, a product that has gained traction on decentralized platforms with billions in daily trading volume. 

The launch advances the company’s strategy of building an “Everything Exchange” where users can access crypto, traditional assets, and emerging markets in a single venue.

The contracts offer up to 10x leverage on single-name stocks and up to 20x leverage on ETF products, with settlement conducted in USDC on crypto rails. Coinbase said the products support cross-margining across perpetual futures and spot positions.

Why 24/7 Stock Trading Matters

Benzinga