Coinbase has launched a comprehensive suite of derivatives products for professional investors in the United Kingdom, marking a significant expansion under its "Everything Exchange" strategy. The rollout includes perpetuals, dated futures, and crypto options across more than 170 contracts, with access opening progressively over the coming weeks.
Perpetual contracts will trade 24/7 with leverage up to 50x, while dated futures offer settlement dates and leverage up to 20x. Options are initially limited to crypto assets, allowing professional clients to trade calls, puts, and multi-leg strategies with visual payoff diagrams and strategy builders.
The launch follows Coinbase’s acquisition of a MiFID license, which expands its ability to offer regulated investment products in the UK. The company’s subsidiary, CB Payments Ltd, is authorized by the Financial Conduct Authority and under the Electronic Money Regulations 2011. Coinbase stressed that access is restricted to investors who meet professional client eligibility requirements.
This move is part of a broader shift away from reliance on bitcoin spot trading—Coinbase’s Q2 report showed 88% of net revenue came from non-bitcoin spot sources, and its global trading volume share rose to a record 10.3%. The derivatives offering joins other recent UK expansions, including crypto-backed loans and nearly 4,000 U.S.-listed stocks, all aimed at making Coinbase a single platform for multiple asset classes.
