- Coinbase enables 24/7 trading for XRP and Solana futures.
- Initiative led by CEO Andy Sears significantly impacts US traders.
- New offering increases Coinbase’s share of derivatives market flow.
Coinbase’s Initiative in the Derivatives Market
Coinbase announced that it will launch 24/7 futures trading for XRP, Solana, and Cardano on June 13, 2025, expanding its offerings in the US. This initiative is significant as it marks an increase in compliant derivatives trading options under CFTC regulation in the US market. It potentially bolsters accessibility for investors in continuously operating crypto markets.
Coinbase’s new trading option includes XRP, Solana (SOL), and Cardano (ADA), following its initial success with Bitcoin and Ethereum futures. The feature begins on June 13, 2025, allowing US traders continuous access to these assets. Led by CEO Andy Sears, Coinbase Financial Markets, expands its offerings to reflect the always-on nature of cryptocurrency. The inclusion of XRP, SOL, and ADA signifies a strategic pivot to capture more global derivatives volume amid gauged market demands.
“The arrival of 24/7 CFTC-regulated markets is a game-changer for the industry.” — Andy Sears, CEO, Coinbase Financial Markets.
The shift expands trading horizons for retail and institutional investors, aiming to stabilize the market with hourly volatility controls. Extended trading hours align with global market activity, positioning Coinbase for a growing market portion. Coinbase’s move underlines the importance of extending regulated derivative access stateside, especially within a fluctuating crypto regulatory environment. The initiative underscores an increased focus on aligning US trading norms with global practices. Historically, the operational launch of Bitcoin and Ethereum futures by Coinbase set a precedent for regulated entities in this domain. This legacy underscores Coinbase’s strategic adaptation to international market demands in compliance with US standards.
The introduction of 24/7 futures trading for additional assets mirrors a broader trend among exchanges to provide constant market accessibility. This trend can affect volatility and liquidity across global crypto markets.
