Coinbase · COIN Daily Market Briefing

Bullish

Coinbase files for U.S. single-stock perpetual futures; COIN stock rises 10%

In the past 24 hours, Coinbase has initiated the regulatory process to offer single-stock perpetual futures in the U.S., filing SEC notice registrations for its derivatives exchange and broker. This move has been well-received by investors, with COIN stock surging 10.14% to close at $192.70 on September 3.

Key points

  • Coinbase files for U.S. single-stock perpetual futures, aiming to expand its derivatives offerings.
  • COIN stock jumps 10.14% following the announcement, closing at $192.70 on September 3.
  • No other significant market-moving news reported in the past 24 hours.

Sources

AI-generated from public news sources. Not financial advice.

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