Crypto
Coinbase to launch AI, defense, China-themed stock index perpetual futures
Coinbase, the largest cryptocurrency exchange in the United States, is launching stock index futures structured as perpetual futures. It will list a Tech100 (TEK) contract tracking the top 100 Nasdaq-listed companies, along with three themed contracts focused on AI, defense and China. Trading will be available from June 8 through Coinbase Derivatives under oversight of the U.S. Commodity Futures Trading Commission, with 24-hour trading and no expiry.