Search results for Everything Exchange
Crypto
Bitwise CIO says crypto and finance lines to blur as Coinbase strategy draws attention
Coinbase has unveiled an “Everything Exchange” plan spanning stocks, options, prediction markets and AI-driven trade execution, prompting Bitwise to say the boundary between crypto and traditional finance is starting to disappear. Bitwise CIO Matt Hougan said if Coinbase’s future revenue comes mainly from non-spot activities such as stock trading, perpetual futures and options, it may no longer be seen as a pure crypto company. Coinbase also outlined tokenised stock trading outside the United States starting next month and AI tools for automated portfolio strategies.
Crypto
Coinbase adds SOL-backed onchain loans of up to $100,000
Coinbase has added Solana-backed onchain loans, allowing users to deposit their SOL and borrow up to $100,000. The loans use the same structure as Coinbase’s existing crypto-collateral lending, which links to Morpho on Base, The Block reported. Coinbase said the SOL addition is aimed at making the platform more suitable for Solana trading and custody. Since launch last year, cumulative loans have exceeded $2.3 billion.
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.