Cryptocurrency exchange Coinbase has launched regulated futures trading for users on its Advanced platform across 26 European countries.
Traders can access contracts on digital assets (ranging from Bitcoin to Solana) and stock indices. The platform offers two types of contracts:
- long-term contracts with expirations up to five years and daily settlements;
- short-term contracts with monthly or quarterly expirations.
For Bitcoin, Ethereum, and indices, the maximum leverage is 10x. For other products, it is up to 5x. The base fee starts at 0.02% per contract.
Tokenized Stocks from Nasdaq and Kraken
Meanwhile, Nasdaq has partnered with Kraken to develop a platform for issuing and trading tokenized stocks. According to The Wall Street Journal, the launch is set for early 2027.
Token holders will have the same rights as regular shareholders, including dividend payments and voting rights. Blockchain technology will automate these processes and speed up settlements.
Kraken will act as the distribution partner. Digital stocks will be offered to the exchange's clients outside the U.S., primarily in Europe. The project is based on Nasdaq's September application to the SEC, where the exchange requested permission for parallel trading of traditional and tokenized securities.
Additionally, Nasdaq has formed a partnership with the Centurion platform (owned by Boerse Stuttgart Group). This solution will connect European exchanges for settling digital assets.
As a reminder, in March, Kraken launched its on-chain platform xChange for trading tokenized assets xStocks from the Backed project.