Coinbase gives US institutions access to global crypto perpetuals and options via its CFTC-regulated broker

Coinbase/Coinbase derivatives (incl. Deribit)

Following CFTC staff guidance, Coinbase Financial Markets became the first US futures commission merchant to connect US institutional clients to global crypto perpetual futures and options, including Deribit's options market.

• Coinbase Financial Markets became first CFTC-regulated futures commission merchant connecting US institutions to global crypto derivatives
• Provides access to Deribit, the largest crypto options exchange by open interest
• Institutional clients onboarded immediately; retail access expected later as CFTC guidance permits regulated broker access