Crypto Excination Coinbase has been set to launch a future product that tracks Top Us Tech and the money traded in coding and its own shares to provide shares and encryption in one decade.
Coinbase derivatives He said On Tuesday, Mag7 + Crypto Equity Index will launch on September 22, which will follow the “Apple 7” technology stocks, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, Blackrock’s Bitcoin (BTC) And the fragrance (Eth) Investment Funds and Coinbase stocks.
“From a historical point of view, there was no derivative in the American list that provides access to both the coded and coexal currencies within a future product,” adding that its index would give exposure to “asset classes that were traditionally traditionally circulated.”
It represents the first major derivative step for Coinbase Since he acquired deribit Previously, the largest encryption and futures exchange options – for $ 2.9 billion in May. The size of the coding derivatives rose 132 % year -old last year, and 2025 on the right path to this number with the first two quarter they see more than $ 20 trillion.
Retailing merchants to wait for the arrival
Each component in the upcoming Coinbase will be weighted evenly 10 %, with institutional customers at Excination first reaching the product.
Details of access to trading will be announced soon through partners ’platform Retail users In the coming months.
The index will be dealt with as independent, cash contracts, with each contract representing $ 1 multiplied by the box.
Coinbase said every quarter will be balanced to reflect any changes in the market, as Marketvector works as an official index.
The index is part of the “Everything Apply Plan”, the CEO says
“We’ll launch more products like this as part of every EVEYTHING Exchange,” said Brian Armstrong, CEO of Coinbase to X on Tuesday.
In mid -July, the company Her plans appeared for the first time To become a “application of everything”, the Coinbase wallet is renamed as “a basic application” with the aim of creating a platform that combines an encryption wallet, trading, payments, social media and messages.
We launch the first American future contracts exposure to TECH TECH and Crypto at the same time.
We’ll run more products like this as part of Excination Exchange.
Coming on September 22. pic.twitter.com/itlst7a8kx
Brian_armstrong September 2, 2025
It comes amid the increase in commercial activity Coinbase, With daily folders Override 5 billion dollars during the past month.
Related to: Bitcoin trading checkers in Bitcoin are likely to $ 119,000
On August 25, trading reached 9.9 billion dollars – the strongest day of the platform since June 5, as Coinbase data appears.
Kaken competitor makes derivatives betting
KAKEN launched the platform for derivatives of encryption, Ninanner, On July 15, after acquiring the company of $ 1.5 billion Four months ago.
Kraken said that the deal will allow its customers in the United States to access traditional derivative markets, as it is in line with its broader goal of becoming one platform for all types of trading.
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