COIN Stock Jumps 10% as Coinbase Files for U.S. Stock Perpetual Futures

Coinbase Global Inc. shares (COIN) have jumped 10.14% to $192.70 from $174.96 as the exchange advanced plans for U.S. stock perpetual futures. The move followed Coinbase’s confirmation that it had filed SEC notice registrations for its derivatives exchange and brokerage operations. The filings mark an initial regulatory step toward offering single-stock perpetual contracts to U.S.