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Coinbase bets on derivatives product to offset weakness in spot-trading business
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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. This past week, it relaunched it with a focus on cryptocurrencies. Its first product is a “nano bitcoin” futures contract that will be offered through brokers while Coinbase awaits regulatory...
Read more on fnlondon.comAbout this in other media
US charges ex-Coinbase manager in first crypto insider trading case moneycontrol.com /1 year ago
US authorities arrest former Coinbase manager, alleging insider crypto trading cointelegraph.com /1 year ago
Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News cryptonews.com /1 year ago
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