Coinbase expands products and hiring
Coinbase is expanding product offerings—including 24/7 perpetual stock futures for global users—and is hiring mid/senior blockchain security engineers to harden infrastructure for scaling custody and institutional tokenization. The firm also tokenized a Bitcoin Yield Fund on Base in partnership with Apex, signaling stronger institutional on‑chain product push. (ad-hoc-news.de) (x.com) (x.com)
Coinbase’s product blog dated March 20, 2026 lists product mechanics: single‑name stock perpetuals launched with up to 10x leverage, ETF perpetuals up to 20x, settlement in USDC, and built‑in cross‑margining across perps and spot positions. (coinbase.com) The company says the contracts use the same perpetual‑futures engine and institutional risk framework that powers its crypto derivatives, and at launch eligibility is limited to non‑U.S. retail on Coinbase Advanced and institutional flow via Coinbase International Exchange. (coinbase.com) Apex Group’s announcement on March 19, 2026 names Apex (which services over $3.5 trillion in assets) as transfer agent for a tokenized share class built on Base that embeds compliance via the ERC‑3643 token standard and uses Tokeny for investor onboarding and on‑chain identity. (apexgroup.com) That tokenized share class ties back to the Coinbase Bitcoin Yield Fund first announced April 28, 2025 — the fund targets a 4%–8% annual net return in Bitcoin and was described at launch as having an initial strategy capacity in the region of $1 billion. (coinbase.com) Coinbase’s careers listings currently include multiple, active hires tied to the push on regulated on‑chain products — roles such as “Software Engineer (Institutional – Tokenization)” and backend engineers supporting institutional custody are posted across remote and distributed locations. (coinbase.com) Public job boards and company postings also show openings for senior blockchain security and smart‑contract engineering roles focused on on‑chain tokenization, security assessments, and protocol threat modeling — positions that reference building security posture for custody and tokenized fund rails. (builtin.com) Coinbase’s product post also flags regional limits — the stock perpetuals are not available to U.S. persons and may be restricted in certain jurisdictions — and the company says it will expand instrument coverage and geographies over time. (coinbase.com)