Government just legalized the world's most popular crypto trading product in the US — ride Coinbase higher
The top US derivatives regulator just gave the green light for crypto perpetual futures — the most popular crypto trading product in the world — to be offered on American soil for the first time. Coinbase is one of the first platforms cleared to launch them.
Idea
Perpetual futures are the single most-traded crypto instrument globally, but until now they've only existed on offshore exchanges like Binance and Bybit. Bringing them to regulated US platforms is like a sportsbook finally getting permission to offer bets on the most popular game in town — it unlocks enormous new revenue. Coinbase, as the largest and most trusted US crypto exchange, is the most direct beneficiary of this regulatory shift. The added legitimacy could also bring fresh institutional capital into crypto markets more broadly.