Usa coinbase Usa

Coinbase bets on derivatives product to offset weakness in spot-trading business

Reading now: 976

Coinbase Global just launched a derivatives product, its latest attempt to move into a new field and offset weakness in its core spot-trading business.

It has a lot of competition.The largest US-based crypto exchange acquired a US-regulated derivatives exchange called FairX in February for $330m, according to research firm PitchBook.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.