Cryptocurrencies

    Coinbase expands global reach with spot trading for institutions

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    Coinbase is launching a crypto spot trading platform for non-US institutional investors, starting with BTC-USDC and ETH-USDC pairs on December 14.

    The exchange has experienced substantial growth, achieving $10 billion in Q3 perpetual futures volume and recently introducing perpetual futures to retail customers.

    The spot trading expansion will occur in phases, initially focusing on building liquidity for institutional clients before including retail users.

    This move forms part of Coinbase's "Go Broad, Go Deep" strategy, aiming to offer more efficient and accessible crypto products and services globally.

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