Coinbase (NASDAQ: COIN) has recently unveiled a series of updates that underscore its commitment to the mainstream adoption of digital assets.
From 24/7 futures trading to launching a Bitcoin yield fund, resolving staking litigation, and forging an esports partnership with Riot Games, Coinbase is focused on enhancing the crypto and web3 space.
These developments aim to improve its service offerings while positioning the platform as a bridge between traditional finance, digital economies, and global entertainment.
On May 8, 2025, Coinbase Derivatives, LLC, a CFTC-regulated futures exchange, launched 24/7 trading for Bitcoin and Ethereum futures, marking a key milestone as one of the first U.S. exchanges to offer round-the-clock leveraged futures contracts.
This move aligns the U.S. futures market with the always-on nature of global crypto markets, eliminating the constraints of traditional trading hours.
U.S. traders can now manage risk and seize opportunities in real-time, including weekends, responding instantly to market movements.
The initiative, supported by partnerships with Nodal Clear for robust clearing and market makers like Virtu Financial for liquidity, addresses a gap for U.S. traders who previously faced limited flexibility compared to global counterparts.
Coinbase is also developing perpetual futures contracts, signaling further innovation to make U.S. markets more competitive and accessible.
Bob Fitzsimmons of Wedbush Securities described the launch as a “milestone that redefines access, flexibility, and responsiveness in modern markets.”
In other recent updates, it was noted that Coinbase Asset Management introduced the Coinbase Bitcoin Yield Fund, a long-Bitcoin fund targeting 4-8% net annual returns for institutional investors.
Unlike traditional assets, Bitcoin does not inherently generate yield, prompting Coinbase to design a fund that minimizes investment and operational risks.
By leveraging third-party custody integrations and avoiding high-risk strategies like Bitcoin loans or systematic call selling, the fund aligns with institutional risk appetites.
Seeded by investors like Aspen Digital, an FSRA-regulated digital asset manager, the fund initially focuses on basis trading, with plans to incorporate lending and options strategies.
This offering provides a secure, regulated avenue for non-U.S. institutional investors to earn passive income on Bitcoin holdings, reinforcing Coinbase’s role in mainstreaming crypto investment products.
In addition to these announcements, it was reported that Coinbase achieved a significant regulatory win as the SEC and five states dropped lawsuits against its staking services, joining 40 other states that do not oppose staking.
Since June 2023, Coinbase faced allegations that its staking services constituted unregistered securities, with some states issuing cease-and-desist orders.
Coinbase contested these claims, arguing that staking is not a security and that no user had lost funds through its services.
This resolution marks a step toward a clearer legal framework for digital assets in the U.S.
Coinbase continues to advocate for the remaining five states to follow suit, urging the crypto community to join initiatives like Stand with Crypto to defend staking rights.
This victory underscores Coinbase’s commitment to fighting for its users and fostering a regulatory environment that supports innovation.
In another significant development, Coinbase also recently announced a partnership with Riot Games, becoming the cryptocurrency exchange and blockchain technology partner for global League of Legends and VALORANT esports events.
This collab aims to tap into the synergy between crypto and esports.
Coinbase will enhance the fan experience with custom segments, in-game cosmetic rewards like emotes and icons, and promotions such as trips to major tournaments.
Building on existing sports partnerships with the NBA, WNBA, and Formula One, this move positions Coinbase to engage a global, tech-savvy audience.
By integrating Web3 technology, Coinbase aims to redefine fan experiences, aligning with Riot’s player-focused ethos and its own mission to drive economic freedom.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!