Coinbase Financial Markets is now the first US-regulated Futures Commission Merchant (FCM) approved to provide US clients access to global crypto derivatives. The Commodity Futures Trading Commission (CFTC) issued new guidance allowing the firm to connect American institutional customers to global products.
These offerings include crypto perpetual futures and options. These products represent the majority of global crypto trading volume. The approval opens access to multi-trillion dollar markets previously restricted to offshore entities.
Clients can now trade on platforms like Deribit through a single Coinbase FCM account. Institutional onboarding begins immediately. The company plans to expand access to retail customers in the future.