Key facts
- Coinbase has launched regulated crypto derivatives, including perpetual and dated futures, in Canada.
- The offering is available to eligible Canadian investors through Coinbase Financial Markets (CFM).
- Contracts cover Bitcoin, Ethereum, Solana, and 20 other digital assets with up to 10x leverage.
- CFM is registered with the U.S. CFTC and operates under an international exemption in Canada.
- The expansion is part of Coinbase's strategy to combine crypto and traditional financial products.
Coinbase has launched regulated crypto derivatives, including perpetual and dated futures contracts, for eligible Canadian investors. This move marks the exchange as the first major regulated entity to offer such products in Canada, expanding its international derivatives business. Through its subsidiary, Coinbase Financial Markets (CFM), traders can now access 23 contracts covering Bitcoin, Ethereum, Solana, and 20 other digital assets, with leverage up to 10x. CFM is registered with the U.S. Commodity Futures Trading Commission and operates in Canada under an international exemption, with access restricted to sophisticated and institutional investors. The offering also includes nano-sized contracts for lower capital participation and expands beyond crypto to include commodity futures and index products. This initiative aligns with Coinbase's broader strategy to integrate crypto and traditional financial products, while also pursuing CIRO dealer status in Canada. The exchange is also expanding its offerings internationally, including U.S. stock trading for UK customers.