Movement Alert|Coinbase Global, Inc. Intraday Rise 5.11% in Regular Trading, Prime Expands Into Global Options and Perpetual Futures

Market Focus02:02

On November 5, Coinbase Global, Inc. rose 5.11% in Regular Trading, trading at $152.795, with turnover of $902 million.

The move followed the company’s announcement that Coinbase Prime now offers regulated global options and perpetual futures trading for institutions in the US and other eligible regions, alongside a unified liquidity pool for US and international traders.

Coinbase also said Coinbase Prime has added liquidity from Deribit, covering more than 20 assets including BTC, ETH, SOL, XRP and AVAX, with BTC, ETH and USDC currently accepted as collateral. The expansion points to a broader institutional derivatives push that could support trading activity and platform monetization, even as the company recently faced analyst downgrades and legal overhangs in other parts of its business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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