Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers

Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers


Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers.

Coinbase Plans to Offer Crypto Derivatives to All US Customers

Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired Fairx, a regulated derivatives trading platform.

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Fairx is regulated by the Commodity Futures Trading Commission (CFTC) as a derivatives exchange or Designated Contract Market (DCM).

“Through this acquisition, we plan to bring regulated crypto derivatives to market, initially through Fairx’s existing partner ecosystem,” Coinbase detailed. “Over time, we plan to leverage Fairx’s infrastructure to offer crypto derivatives to all Coinbase customers in the US.”

The Nasdaq-listed company added:

We want to make the derivatives market more

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