The new capabilities will be available only to users from “eligible jurisdictions” outside the United States.
Infrastructure provider Fireblocks has expanded its services portfolio. Through a partnership with Coinbase, it now offers derivatives and trading products to institutional and retail investors.
According to an announcement on June 10, the Fireblocks platform now supports trading perpetual futures and spot contracts with Coinbase International Exchange. The solution targets mainly institutional investors, including hedge funds, trading firms, and family offices.
The company claimed potential benefits for users include perpetual and spot trading under pre-defined governance policies and workflows to mitigate security risks and unauthorized transactions. Perpetual trading involves betting on future price changes without an end date or obligation to own an asset, unlike spot trading, in which you immediately buy or sell the asset.
