Coinbase files to launch Cardano, Natural Gas futures contracts
The firm aims to boost futures trading with diversified offerings across digital and traditional asset classes.
Photo: David Esser
Key Takeaways
- Coinbase is introducing futures contracts for Cardano and Natural Gas, pending CFTC approval.
- Cardano futures allow traders exposure to price movements without holding the asset.
Coinbase is seeking regulatory approval to launch Cardano (ADA) and Natural Gas (NGS) futures contracts—a move that would expand its offerings in the energy and crypto derivatives markets.
Coinbase Derivatives, Coinbase’s futures exchange, said Friday it had submitted documentation to the CFTC to self-certify futures for ADA and NGS.
We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify Natural Gas (NGS) futures and Cardano ( $ADA ) futures—expanding our offerings in both energy and crypto derivatives markets.
We anticipate going live with these products on Monday,… pic.twitter.com/YZGmkb1TvM
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