The cryptocurrency exchange Coinbase has launched trading of regulated futures for Advanced platform users across 26 European countries.
Traders now have access to contracts on digital assets (from Bitcoin to Solana) and stock indices. The platform offers two types of contracts:
- long-term with expiration up to five years and daily settlement;
- short-term with monthly or quarterly terms.
For Bitcoin, Ethereum, and indices, the maximum leverage is 10x. For other products, it is up to 5x. The base fee starts at 0.02% per contract.
Tokenized Stocks from Nasdaq and Kraken
Meanwhile, Nasdaq has agreed with Kraken to develop a platform for issuing and trading tokenized stocks. According to The Wall Street Journal, the launch is scheduled for early 2027.
Token holders will have the same rights as regular shareholders, including dividend payments and voting rights. Blockchain technology will automate these processes and expedite settlements.
Kraken will act as a distribution partner. The digital stocks will be offered to exchange clients outside the US, primarily in Europe. The project builds on Nasdaq’s September application to the SEC. The exchange has requested regulatory approval for parallel trading of regular and tokenized securities.
Additionally, Nasdaq has partnered with the Centurion platform (owned by the Boerse Stuttgart Group). This solution will connect European platforms for settling digital asset transactions.
Back in March, Kraken launched the on-chain platform xChange for trading tokenized assets xStocks from the Backed project.