Coinbase Derivatives is set to expand its futures offerings to include retail-sized futures contracts for oil and gold starting June 3rd. This move aims to attract new traders by diversifying beyond its existing CFTC-regulated crypto futures products, which include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The introduction of these new commodities futures aligns with Coinbase's strategy to offer a broader range of assets on a single platform, potentially settling transactions on-chain.
missed this but @coinbase launching retail sized oil and gold futures on june 3rd progress towards the thesis is accelerating - all assets will trade on one screen and settle onchain commodities are the RWAs we've all been waiting for π https://t.co/dpcjK6dXDC
Breaking: @coinbase to launch gold and oil futures π https://t.co/M2zpNa7y52 https://t.co/R8uWd3jvZK
CME launches BTC trading? Coinbase launches commodities trading Brian strikes back https://t.co/TLpeKZpmDD https://t.co/TRZJjVdk2D