The offshore trading platform was launched by coinbase earlier this year
Coinbase's international exchange for cryptocurrency derivatives was introduced earlier this year, allowing institutional users outside the U.S. to engage in perpetual futures trading.
This move comes as the digital assets industry seeks recovery from past disruptions and Coinbase is busy battlingThe Bermuda-based overseas branch of Coinbase will primarily serve institutional clients and market makers, according to a FortuneDespite recent speculation following Coinbase's acquisition of a license in Bermuda, CEO Brian Armstrong has refuted the idea of relocating the company outside the U.S. due to regulatory concerns.
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