Coinbase unveils 24/7 stock futures for global traders in derivatives push

Coinbase has introduced perpetual futures contracts for seven major US technology stocks (including Apple, NVIDIA, and Tesla) and ETF perpetual futures, allowing eligible global traders outside the US to gain continuous, leveraged exposure to US equity price movements. These contracts settle in USD Coin (USDC) and offer leverage up to 10x on single stocks and 20x on ETFs, supporting cross-margining across futures and spot positions. This move addresses the frustration of traditional stock market closures by offering 24/7 trading, aligning with Coinbase's strategy to become an "everything exchange." The launch follows Coinbase's prior expansion into crypto perpetual futures and its acquisition of a MiFID II license in Europe.

(Source：Crypto Briefing)