As If Crypto Isn’t Complicated Enough, Coinbase Jumps Into Derivatives

Published by
The Street

By M. Corey Goldman Coinbase is expanding into derivatives trading with the acquisition of FairX derivatives exchange, a regulated exchange that launched less than a year ago. As if cryptocurrencies and digital assets weren’t hard enough to figure out. Coinbase Global (COIN) , the biggest U.S. crypto exchange, is getting into the derivatives business with the acquisition of FairX, a regulated derivatives exchange that launched less than a year ago. In a blog post announcing the deal, Coinbase said it plans leverage FairX’s infrastructure to offer regulated crypto derivatives to all Coinbase cu…

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