Key facts
- Coinbase is launching derivatives trading services in the UK.
- Coinbase is offering over 170 contracts across crypto, stocks, commodities, and FX.
- Leverage up to 50x is available on Coinbase's new derivatives.
- Coinbase secured a MiFID license from the FCA.
- Robinhood is offering the Hyperliquid ($HYPE) crypto asset to UK customers.
- The platform underlying Hyperliquid is on the FCA's warning list.
- The FCA warns firms to consider warning lists when listing products.
Coinbase is expanding its derivatives trading services to professional investors in the United Kingdom. The company is now offering over 170 contracts that span cryptocurrencies, stocks, commodities, and foreign exchange. These derivatives will be available with leverage up to 50x. This significant expansion into the UK market follows Coinbase's successful acquisition of a Markets in Financial Instruments Directive (MiFID) license from the Financial Conduct Authority (FCA).