Coinbase Launches Regulated Perpetual Futures Contracts in the U.S.

Coinbase, a leading cryptocurrency exchange, is set to introduce perpetual-style futures contracts in the United States starting July 21. This move positions Coinbase as one of the first regulated entities to offer this globally favored trading product.

New Trading Opportunities for bitcoin and Ether

The newly launched futures contracts will initially be available for trading in bitcoin and Ether on the Coinbase Derivatives Exchange, which operates under the oversight of the Commodity Futures Trading Commission (CFTC).

Unique Structure of Coinbase’s Futures Contracts

Unlike the offshore perpetual contracts that dominate the global crypto derivatives market but lack U.S. approval, Coinbase’s offerings are designed as long-term futures with expirations extending up to five years. These contracts feature a funding rate mechanism that accrues on an hourly basis and is settled twice daily, effectively mimicking the dynamics of perpetual swaps. Trading will be accessible around the clock, with settlements managed through regulated clearing services.

Coinbase’s Ongoing bitcoin Investments

In a separate announcement, Coinbase CEO Brian Armstrong disclosed that the company is actively increasing its bitcoin holdings as a strategic investment. Armstrong stated, “We are consistently purchasing more bitcoin each week,” in a response to David Bailey, CEO of Nakamoto Holdings.

This follows a revelation from Coinbase’s CFO, Alesia Haas, during the first quarter 2025 earnings call, where she mentioned that the firm had acquired $150 million in cryptocurrency, primarily bitcoin. Currently, Coinbase holds 9,257 BTC, valued at nearly $1 billion, making it one of the top ten publicly traded companies in terms of bitcoin ownership, according to data from BitcoinTreasuries.net.

Conclusion

As Coinbase expands its offerings and continues to invest in bitcoin, it reinforces its position as a significant player in the cryptocurrency market. This strategic move not only enhances trading options for users but also reflects the company’s commitment to growing its digital asset portfolio.

Read more: Coinbase’s Market Resurgence: Highest Valuation Since 2021 Nasdaq Listing

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.