Coinbase Prime rolls out unified cross margin across spot, derivatives and regulated perps

Coinbase Prime, the institutional arm of the U.S. crypto exchange, has rolled out unified cross-margin functionality spanning its crypto spot, derivatives, and regulated perpetual futures markets. This new offering utilizes Coinbase Financial Markets, which is overseen by the CFTC, to provide 24/7 access to over 20 futures contracts, including perpetual-style futures from Coinbase Derivatives. This strategic move aims to position Coinbase Prime as a comprehensive, one-stop brokerage solution for institutional needs, encompassing custody, financing, lending, and trade execution. The unified cross-margin capability simplifies portfolio management by allowing exposures to be evaluated together, enabling traders to use their entire account balance as shared collateral across positions, thereby improving capital efficiency for strategies like basis trades.

(Source：The Block)