- Coinbase has launched 24/7 Bitcoin and Ethereum futures trading, allowing U.S. traders to manage risk and respond to market events in real-time.
- The move follows the announcement of its $2.9 billion acquisition of options exchange Deribit, strengthening its position in the crypto derivatives market.
Coinbase, the largest U.S.-based cryptocurrency exchange, has officially launched round-the-clock Bitcoin and Ethereum futures trading—marking a major milestone in its bid to dominate the global derivatives market.
The new 24-7 futures trading service went live Friday and allows U.S. traders to buy and sell crypto futures contracts with leverage, regardless of the time or day. Originally announced in March, Coinbase said the feature responds to “strong demand from crypto-native traders” seeking real-time risk management in a market that never sleeps.
Also read: PEPE Price Prediction Today: Breakout Rally Targets $0.00001450 as Bullish Momentum Builds
“Extending futures trading to a 24/7 cycle is a fundamental evolution in market structure and one that requires robust risk management around the clock,” said Paul Cusenza, CEO and chairman of Nodal Clear, the clearing house working with Coinbase to launch the service.
This bold move comes just a day after Coinbase revealed a $2.9 billion deal to acquire Deribit, the world’s largest crypto options exchange. The acquisition—comprising $700 million in cash and 11 million Coinbase Class A shares—dramatically boosts Coinbase’s presence in the crypto derivatives space, a market segment that has rapidly grown to overshadow spot trading volumes.
“This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives,” the company said in a statement Thursday.
Despite a slight dip in share price—COIN was recently trading around $204, down just over 1%—Coinbase stock has surged 14% over the past month, fueled by a broader rally in digital assets. However, first-quarter earnings released Thursday came in below revenue expectations, briefly cooling investor enthusiasm.
Still, Coinbase remains optimistic. The company cited favorable regulatory winds under the Trump administration and increased stablecoin adoption on its platform as key growth catalysts.
With Bitcoin currently trading above $103,000 and the company boasting a market valuation north of $50 billion, Coinbase’s latest moves signal a confident bet on a maturing, always-on crypto future.
