Search results for Coinbase Prime
Crypto
SpaceX keeps bitcoin holdings despite $5 billion losses
SpaceX recorded losses of about $5 billion in 2025 but continued to hold 8,285 bitcoin, according to data cited by Cryptopolitan. The bitcoin holdings are estimated to be worth $603 million and are kept in a Coinbase Prime custody account without being sold. Data from Arkham Intelligence and The Information showed SpaceX has maintained its balance since mid-2024. Market participants linked the move to shifting corporate treasury strategies, while corporate bitcoin buying in March was dominated by Strategy.
Crypto
Coinbase launches cross-margin for institutions integrating spot and derivatives
Coinbase Prime, the institutional arm of Coinbase, has introduced regulator-approved futures trading and a cross-margin function that integrates spot and derivatives positions, The Block reported on Thursday. Investors can access more than 20 futures contracts around the clock through Coinbase Financial Markets, a CFTC-regulated futures commission merchant service that includes perpetual futures. Coinbase said the feature can improve capital efficiency for hedging strategies such as basis trades.
Crypto
Korea crypto corporate market opening reshapes alliances between finance and exchanges
South Korea’s push to open the corporate digital-asset market is reshaping cooperation between local crypto exchanges and financial institutions. Partnerships are expanding beyond real-name account arrangements into wealth management, FX remittances and custody infrastructure. Mirae Asset is seeking management control of Korbit via an affiliate, while Bithumb and Korea Investment & Securities plan joint wealth services. Dunamu and Hana Financial Group are working on stablecoin-based overseas remittances. The Financial Services Commission is preparing to outline its roadmap in 2026.