U.S. just legalized crypto perpetual futures — get long Coinbase before the new revenue hits
The top U.S. derivatives regulator just cleared the way for crypto perpetual futures contracts to be offered on American soil for the first time. Coinbase and Kalshi are among the first platforms getting the green light to offer these products, which have until now only been available on offshore exchanges.
Idea
Perpetual futures are the most popular crypto trading product in the world, generating enormous fees for exchanges like Binance — but they've never been legally available in the U.S. That changes now. Coinbase, as the first major onshore platform to offer perps, stands to capture a brand-new revenue stream from American traders who previously had to use offshore accounts. This isn't a vague future possibility — the regulatory approvals are already in hand. When a company gains access to a lucrative new business line overnight, the stock tends to reprice higher over weeks, not days.