00:00 Speaker A

next story we have also about these kind of products. Generally Coinbase brings Deribit options and perpetuals to US Prime clients.

00:09 Speaker A

So this is only for institutional clients, but we know Coinbase had bought Deribit and Deribit is the largest crypto futures exchange on planet Earth by many multiples.

00:17 Speaker A

Well, now, officially, Coinbase Prime is offering eligible institutional clients access to Deribit options, futures and perpetuals. eligible collateral includes Bitcoin, Ether and USDC and the trades will execute on Deribit.

00:32 Speaker A

So, interestingly, access is provided through Coinbase Financial Markets, a CFTC registered futures broker.

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