Arthur Hayes, co-founder of BitMEX, says he is "flattered" that Coinbase is publicly defending its plans for US stock perpetual futures. The comment comes roughly ten years after BitMEX introduced perpetual swaps, a product that has since become a staple of crypto derivatives trading. Coinbase's push into tokenized and perpetual-style US equity exposure shows the idea of perpetual contracts reaching into traditional markets.

Interesting to see an idea that started on crypto-native platforms now being pursued by a major US exchange. Do you think stock perps will become mainstream?

Source: https://cointelegraph.com/news/arthur-hayes-coinbase-us-stock-perps-cftc

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