Key Metrics
12.68
Heat Index-
Impact LevelMedium
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Scope LevelGlobal
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Last Update2026-03-07
Key Impacts
Positive Impacts (6)
Negative Impacts (2)
Event Overview
The expansion aims to provide a comprehensive solution for institutional clients, integrating custody, risk management, financing, and trade execution. This move underscores the growing demand for sophisticated crypto financial products and services in mature and emerging markets.
Collect Records
Coinbase to Offer 24/7 Futures Trading and Cross-Margining
Coinbase's institutional platform will provide 24/7 trading of over 20 futures contracts, including 'perpetual' futures, through Coinbase Financial Markets, a CFTC-regulated futures broker. This move aims to enhance its prime brokerage services, offering a one-stop solution for custody, risk management, financing, lending, and trade execution. Coinbase has expanded into mature markets like stock trading and emerging areas such as tokenization and prediction markets, managing 12% of the total crypto market capitalization. The company introduced cross-margin, allowing traders to use their entire account balance as collateral for positions, which improves capital efficiency for hedging strategies and helps trading desks manage risk exposure, collateral, and margin requirements. Previously, separate collateral pools and risk systems were needed for spot and futures trading.