Catenaa, Tuesday, March 24, 2026- Coinbase said Friday it has rolled out stock perpetual futures tied to major U.S. names, including Apple, Tesla and Nvidia, for eligible traders outside the United States as part of its effort to build an “everything exchange” that unites crypto and traditional markets on one platform.
The Brian Armstrong‑led company said the new instruments let users take synthetic, leveraged positions in select publicly traded stocks and exchange‑traded funds 24 hours a day, seven days a week — unlike conventional U.S. markets that close on weekends. Coinbase said demand for always‑on equity exposure has grown globally, especially in regions where direct access to U.S. equities is limited or costly.
Context
At launch, Coinbase is offering perpetual futures on a curated list of liquid U.S. stocks often referred to as the “Magnificent 7,” including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. Perpetual products tied to major ETFs, such as the S&P 500 and Nasdaq‑100, are also available in eligible jurisdictions.
These contracts allow up to 10 times leverage on individual stocks and up to 20 times leverage on ETF‑linked products. Settlement will be conducted in USDC and trades will run on crypto rails, Coinbase said. The platform also supports cross‑margining between perpetual futures and spot positions. Retail traders can access the products via Coinbase Advanced, while institutional users can trade through the Coinbase International Exchange.
Coinbase’s perpetual futures build on its recent derivatives expansions in Europe, where it has rolled out crypto futures trading to users in 26 countries under its MiFID‑regulated entity. That suite includes perpetual‑style futures and index products such as the “Mag7 + Crypto Equity Index,” designed to provide hybrid exposure across asset classes.
The stock perpetual futures are not available to U.S. residents and may be restricted in some countries. Coinbase said it plans to expand offerings to include more equities, indices, commodities and other global assets based on customer demand.
The launch also ties into Coinbase’s broader institutional push. The company has been expanding its infrastructure for professional traders, including a unified cross‑margining system across spot and derivatives markets via Coinbase Prime that it says improves capital efficiency and simplifies portfolio management.
