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Coinbase introduces thematic perps tracking China, AI and US national security equity indexes

The Block
Coinbase is launching perpetual-style equity index futures tracking AI, national security, and Chinese market sectors starting June 8.

Summary

Coinbase announced the introduction of thematic perpetual-style equity index futures, allowing traders to gain exposure to AI, U.S. national security, and Chinese companies. Regulated by the U.S. Commodity Futures Trading Commission, these contracts use funding rates to mirror underlying indexes from MarketVector, including the AI10, Defense10, and China10. This expansion follows the exchange's recent push into derivatives and equity futures, aiming to provide 24/7 market access to diverse investment themes.

(Source:The Block)