Coinbase Seeks CFTC Approval for New Altcoin Futures, Featuring SHIB and AVA

Coinbase seeks CFTC approval to introduce futures for SHIB and AVA, enhancing its product offerings and trading options. This move, potentially launching on July 15, aims to attract institutional investors with lower capital requirements and foster a more accessible, regulated trading environment. Coinbase also partners with Stripe to integrate USDC, streamlining transactions and expanding global serviceability, further enhancing its position in the crypto market.