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Coinbase Applies to Trade Crypto Futures In Derivatives Push

  • Coinbase wants to register with National Futures Association
  • It’s jumping into a highly competitive and fast-growing market
Updated on

Coinbase Global Inc. is planning to jump into cryptocurrency derivatives.

The biggest U.S. cryptocurrency exchange filed an application with the National Futures Association on Wednesday to register as a futures commission merchant. The company is registering as Coinbase Financial Markets Inc., the filing showed.