Coinbase has launched regulated futures contracts in 26 European countries, expanding its product offerings through its MiFID entity. The new products include crypto futures on assets like Bitcoin and Solana, as well as a novel equity-index futures contract combining the “Magnificent Seven” stocks with crypto-linked equities and ETFs. The launch follows a recent warning from European regulators about perpetual derivatives and marks a step in Coinbase’s ambition to build a comprehensive global asset trading platform.
The cryptocurrency exchange Coinbase has launched new futures offerings in Europe, expanding its push to give users access to both crypto and traditional market exposure. Coinbase said Monday the contracts are being rolled out to Coinbase Advanced users in 26 European countries through its Markets in Financial Instruments Directive (MiFID) entity.
The new lineup includes crypto futures tied to assets such as Bitcoin (BTC) and Solana (SOL). It also includes an equity-index product called the Mag7 + Crypto Equity Index Futures, which combines exposure to major tech stocks with crypto-linked equities and BlackRock iShares ETFs tied to BTC and Ether.
The exchange said it has launched two types of cash-settled futures contracts, including perpetual-style futures with five-year expiries and dated contracts with specific expiries. Traders can access up to 10x leverage on select crypto-denominated contracts and equity indices, with fees as low as 0.02% per contract.
The launch comes about two weeks after the European Securities and Markets Authority (ESMA) warned firms about perpetual derivatives. In a statement, ESMA said products meeting the contract for difference (CFD) definition are subject to leverage limits, mandatory risk warnings, and other national intervention measures.
Coinbase called the derivatives rollout a “major step” in its ambition to build an “exchange for everything.” “As regulatory clarity continues to mature across Europe and globally, we are looking forward to continuing to introduce new and expanded services,” Coinbase said in its announcement.
Other cryptocurrency exchanges that launched regulated perpetual contracts in Europe include One Trading, Kraken, Backpack and Gemini. Coinbase also announced expanded access to its decentralized exchange (DEX) trading platform to 84 countries on Friday.
