Coinbase’s CFM to Offer US Institutions Access to Global Crypto Derivatives After CFTC Guidance
Coinbase said on Friday that Coinbase Financial Markets (CFM) is now the first US-regulated Futures Commission Merchant to connect domestic clients with global crypto derivatives venues. The rollout starts with institutional onboarding and live access to Deribit options, where Bitcoin options open interest exceeds $31 billion, with perpetual futures and more collateral types planned next.