Coinbase to Launch Stock Futures, Why This Is Big For Crypto

bitcoinistОпубліковано о 2026-03-21Востаннє оновлено о 2026-03-21

Анотація

Coinbase, a major US cryptocurrency exchange, has announced the launch of stock perpetual futures for non-US traders. This expansion is a significant step in its "Everything Exchange" strategy, moving beyond crypto into traditional assets like stocks and ETFs. The new derivatives allow eligible traders to speculate on the price of major tech stocks (Apple, Microsoft, etc.) and index ETFs (SPY, QQQ) with up to 10x and 20x leverage, respectively, all settled in USDC. These contracts never expire, enabling 24/7 trading. This launch integrates traditional assets with crypto on a single platform, offering new trading and hedging opportunities but also introducing higher risks of volatility and liquidations.

Coinbase, one of the largest cryptocurrency centralized exchanges (CEX) in the United States, has just announced the launching of stock perpetual futures for non-US traders.

Coinbase Expands Beyond All Borders

The CEX’s expansion, announced today in a blog post on its official website, isn’t just about stepping beyond U.S. borders to give global traders ongoing leveraged exposure via perpetual futures. It also marks Coinbase’s push beyond crypto into traditional assets, turning this rollout into a fresh bet on the growing trend toward tokenized stocks and 24/7 markets, driven by both TradFi and DeFi players. Recently, Europe’s largest asset manager Amundi announced the launching of a tokenized fund on Ethereum and Stellar, as covered by Bitcoinist just today.

The stock market closes. These don’t.

Stock perpetual futures are now live for:$AAPL$MSFT$GOOGL$AMZN$NVDA$META$TSLA$SPY$QQQ

Now trading 24/7 for eligible traders outside the US.

Read more: https://t.co/EeLpluhtxa pic.twitter.com/AvRN11X9Bh

— Coinbase Markets 🛡️ (@CoinbaseMarkets) March 20, 2026

Coinbase frames this launch as part of its broader “Everything Exchange” strategy, aiming to bring crypto, traditional assets, and new tokenized products into one venue.

Today, Coinbase expands its global derivatives offering with the launch of stock perpetual futures, becoming one of the first major centralized venues to offer this product. This launch strengthens Coinbase’s position in international derivatives and advances our long-term strategy of building the Everything Exchange where traders can access crypto, traditional, and emerging assets side by side.

Over the past year, Coinbase has laid the regulatory and product runway for this leap. It first rolled out crypto perpetual futures to U.S. retail traders under CFTC oversight in mid‐2025, then pushed derivatives into Europe via a MiFID II license obtained through its Bux acquisition, reaching 26 countries in an earlier March 2026 expansion that landed alongside its stock index futures debut.

A 24/7 US stock market

The CEX itself describes perpetual futures as “a type of derivative contract that enables traders to speculate on the price of an asset (...) without needing to buy or own the underlying asset itself.” Unlike standard futures, never expire, so traders can keep positions open indefinitely as long as they meet the margin requirements.

At launch, contracts cover the “Magnificent Seven” tech stocks: Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla. In certain permitted jurisdictions, perpetual futures on benchmark ETFs tracking, the S&P 500 (SPY) and the tech‐heavy Nasdaq‐100 (QQQ), are also available.

Leverage goes up to 10x on individual stock perpetuals and up to 20x on ETF perpetuals. All contracts are settled in USDC, Coinbase’s preferred stablecoin. The platform uses unified margin across perpetual and spot positions, allowing more capital-efficient portfolio management and risk offsets.

What This Means For Traders

Coinbase is methodically weaving spot, futures, and now stock‐linked perpetuals into a single, always‐on risk platform that changes how both retail and institutions express views across markets. For traders, that unlocks new basis trades between spot stocks and perpetuals, tighter cross‐asset plays between crypto and U.S. equities, and more complex hedging around macro events and earnings.

The flip side is obvious: deeper leverage stacks mean a higher risk of cascading liquidations and sharper, event‐driven volatility when the Fed speaks, data prints hit, or Big Tech reports.

At the moment of writing, BTC trades barely above the $70k level on the daily chart, marking a downside trend. Source: BTCUSD on Tradingview

Cover image from Perplexity, BTCUSD chart from Tradingview

Пов'язані питання

QWhat new product has Coinbase announced for non-US traders?

ACoinbase has announced the launch of stock perpetual futures for non-US traders.

QWhich major tech stocks are covered by the new perpetual futures contracts?

AThe contracts cover the 'Magnificent Seven' tech stocks: Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla.

QWhat is the maximum leverage offered on individual stock perpetual futures?

ALeverage goes up to 10x on individual stock perpetual futures.

QIn what currency are all the new perpetual futures contracts settled?

AAll contracts are settled in USDC, which is Coinbase's preferred stablecoin.

QHow does Coinbase describe the broader strategy that this launch is a part of?

ACoinbase frames this launch as part of its broader 'Everything Exchange' strategy, aiming to bring crypto, traditional assets, and new tokenized products into one venue.

Пов'язані матеріали

The AI Agent Era Accelerates Its Arrival: Questflow Defines a New Paradigm of Financial Intelligence with On-Chain AI Brokerage

The AI Agent era is accelerating, with the CB Insights AI 100 list highlighting global investment confidence. The focus has shifted from whether AI works to its speed of deployment and ability to manage complex workflows, with autonomous AI Agents driving this transformation. At the forefront is Questflow, a Singapore-based startup redefining financial intelligence through its on-chain AI brokerage. Unlike tools that merely provide data dashboards, Questflow deploys AI Agents that proactively scan markets, form judgments, and execute trades via a conversational interface—operating 24/7 without requiring manual confirmation for each decision. This embodies the new AI paradigm of agents capable of executing multi-step workflows autonomously. Questflow's mission is to democratize institutional-grade trading intelligence. Historically reserved for the ultra-wealthy, this capability is now accessible starting from just $1 through Questflow's "AI Clone + Copy Trade" model. The platform charges only a 1% execution fee, aligning its incentives directly with users and eliminating traditional management or performance fees. The timing is opportune, aligning with key trends identified by CB Insights: the scalable deployment of AI Agents, accelerated AI adoption in financial services, and the maturation of on-chain infrastructure. With robust liquidity on platforms like Hyperliquid and Polymarket, alongside advancements in AI reasoning and non-custodial wallet security, Questflow is positioned to merge the roles of broker, fund, and exchange into a single, accessible platform for millions.

链捕手3 хв тому

The AI Agent Era Accelerates Its Arrival: Questflow Defines a New Paradigm of Financial Intelligence with On-Chain AI Brokerage

链捕手3 хв тому

Why Pricing Social Interactions is Doomed to Fail?

Titled "Why Putting a Price on Social Interaction Is Doomed to Fail," this article critiques attempts to monetize social networks directly through SocialFi models, arguing their inevitable failure stems from a fundamental misunderstanding of media dynamics. Using Marshall McLuhan's theory of "hot" and "cold" media, the author posits that social networks are inherently "cold" media. Their value isn't contained in individual posts but is co-created through user participation, interpretation, and fragmented, ongoing interaction (e.g., replies, shares). This ambiguity and need for user involvement are core to their function. The article asserts that SocialFi projects like Friend.tech failed because introducing real-time, tradable financial pricing (a definitive "hot" signal) into this "cold" environment doesn't add a layer—it replaces the medium's essence. The unambiguous price signal overshadows and nullifies the nuanced, participatory social signal. Users become traders, not participants, and when speculative profits vanish, the underlying social ecosystem—never genuinely cultivated—collapses entirely. This principle extends beyond crypto. The author argues platforms like Twitter have gradually "heated up" through metrics (likes, retweets counts, algorithmically defined value), shifting users from participants to performers and eroding organic engagement. The solution isn't to abandon capital but to manage its entry point. Successful models like Substack, Patreon, or Bandcamp allow capital to "condense" at specific, isolated nodes (e.g., subscriptions, one-time payments) without permeating and "heating" every social interaction. They preserve the core "cold," participatory medium while enabling monetization at designated boundaries. The NFT boom and bust serves as a stark parallel: the ancient "cold" medium of collecting (valued for story, community, gradual accumulation) was rapidly destroyed by platforms that introduced real-time floor prices, rarity scores, and trading dashboards, transforming collectors into speculators and vaporizing cultural value when prices fell. The core lesson: "Liquidity equals heat." Injecting high liquidity and definitive pricing into a "cold" participatory medium doesn't optimize it; it fundamentally alters and destroys its value-creating mechanism. The future lies not in pricing every social gesture but in finding precise, non-invasive points for capital to condense without overheating the entire ecosystem.

marsbit11 хв тому

Why Pricing Social Interactions is Doomed to Fail?

marsbit11 хв тому

Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss

Trump Media & Technology Group, parent company of Truth Social, reported a massive $406 million net loss in Q1 2026, sharply up from $31.7 million a year earlier. The collapse was driven primarily by $370 million in unrealized losses from digital asset investments. These include a $61 million loss on 756 million Cronos tokens and a nearly $500 million gap on 9,542 Bitcoin purchased near the 2025 market peak, though Bitcoin's recent recovery has reduced that paper loss. Adding to turmoil, CEO Devin Nunes resigned in late April. Meanwhile, the company's core media revenue was only $871,200, a minimal increase. Despite the financial losses, the company generated $18 million in operating cash flow by selling options on its pledged Bitcoin holdings. Its stock, once valued at over $97, now trades around $9, reflecting a more than 90% decline from its 2022 peak.

bitcoinist17 хв тому

Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss

bitcoinist17 хв тому

Bitcoin Volatility Returns as Price Tests Critical Indicator Level

Bitcoin experienced significant volatility, briefly surpassing $82,000 before falling back to around $80,000. This triggered over $400 million in liquidations within 24 hours, though the price later recovered moderately above $81,000. The key focus is Bitcoin's approach to the critical 200-day Exponential Moving Average (EMA), a major resistance level near $82,580 that has repeatedly capped price advances since November 2025. Analyst Brett suggests a sustained break above this level could signal the end of the bear market. However, failure to breach it has historically led to sharp declines, with an average drop of 30% from this rejection zone. If this pattern repeats, Bitcoin's price could potentially fall to around $56,600 from current levels. Despite the price pressure, cryptocurrency investment products saw a sixth consecutive week of inflows totaling $4.9 billion, supported by positive sentiment around US crypto legislation.

TheNewsCrypto42 хв тому

Bitcoin Volatility Returns as Price Tests Critical Indicator Level

TheNewsCrypto42 хв тому

Jensen Huang's CMU Speech: In the AI Era, Don't Just Watch, Build

Jensen Huang, CEO of NVIDIA and a first-generation immigrant, delivered the commencement address to Carnegie Mellon University's class of 2026. He shared his personal journey from a humble background to founding NVIDIA, emphasizing resilience, learning from failure, and the responsibility that comes with leadership. Huang framed the present moment as the dawn of the AI revolution, a shift he believes is more profound than previous computing waves. He described AI as fundamentally resetting computing—moving from human-written software to machines that understand, reason, and use tools. This will create a new industry for generating intelligence and transform every sector. While acknowledging AI's potential to automate tasks and displace some jobs, Huang distinguished between the *tasks* of a job and its core *purpose*. He argued AI will augment human capability, not replace humans. The real risk, he stated, is not AI itself, but people being left behind by those who effectively use AI. He presented AI as a generational opportunity for massive infrastructure investment—in chip factories, data centers, energy grids, and advanced manufacturing—that could re-industrialize nations like the U.S. and bridge the digital divide by making computing and intelligent tools accessible to all. Huang called for a balanced approach: advancing AI safely and responsibly, establishing prudent policies, ensuring broad access, and encouraging universal participation. He urged the graduates not to fear the future but to engage with optimism and ambition, reminding them of CMU's motto, "My heart is in the work." His core message was clear: this is their moment to actively build and shape the AI-powered future, not merely observe it.

marsbit1 год тому

Jensen Huang's CMU Speech: In the AI Era, Don't Just Watch, Build

marsbit1 год тому

Торгівля

Спот

Ф'ючерси

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни ONE (ONE).