Cryptocurrency derivatives expand into the stock and commodity sectors

Techub News, according to Cointelegraph, cryptocurrency exchanges are accelerating the expansion of derivatives from Bitcoin and Ethereum to tokenized stocks, commodities, and traditional financial indices. CFTC Chairman Michael Selig revealed that U.S. regulators are working to allow the launch of crypto perpetual futures products in the domestic market within the next month. Kraken launched tokenized stock and commodity perpetual contracts in February, followed by Coinbase in March with U.S. stock and index perpetual futures. In April, Blockchain.com integrated perpetual futures trading on self-custody wallets via Hyperliquid, allowing users to directly use held Bitcoin as collateral for leverage.