US regulators just opened the door to crypto perpetual futures — Coinbase is first in line to cash in
The main US financial regulator just gave the green light for crypto perpetual futures — a hugely popular trading product that until now only existed on offshore exchanges. Coinbase is one of the first platforms cleared to offer them in America.
Idea
Perpetual futures are by far the most heavily traded crypto instrument worldwide, but Americans have had to use offshore platforms to access them. Bringing this product onshore to regulated, trusted names like Coinbase is a big deal — it opens up a brand new stream of trading fees from both retail and institutional customers. Think of it like when options trading finally went mainstream for everyday investors: the platforms that offered it first saw a huge jump in revenue. Coinbase is specifically named in the regulator's approval, giving it a first-mover advantage that could meaningfully boost its business over the coming quarters.