Coinbase to Consolidate Derivatives, Tokenized Securities, DeFi and Stablecoins Into Unified Platform

HYPE-2.46%
According to TheStreet Roundtable, Coinbase institutional sales chief John D'Agostino said the exchange is consolidating four core business lines into a unified financial platform: derivatives, tokenized securities, DeFi, and stablecoins. Coinbase acquired Deribit, the world's largest crypto options exchange, for $2.9 billion last year and now leads the derivatives market. The company has tokenized approximately 20 stocks with plans to expand into assets like REITs, targeting a market valued at $15 trillion. In DeFi, Coinbase serves as the official USDC treasury deployer for Hyperliquid, with $5 billion USDC generating yields for HYPE token buybacks.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments