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Fortune
Fortune
Marco Quiroz-Gutierrez

Coinbase approved to sell crypto futures in the U.S.

Coinbase CEO Brian Armstrong. (Credit: Carlos Jasso—Bloomberg via Getty Images)

U.S. investors, after a two-year-long wait for a decision from the National Futures Association, can now put their money into crypto futures on Bitcoin and allows investors to invest in the crypto without actually buying it. It is considering several other applications, including from the world’s largest asset manager, BlackRock

Coinbase said in its blog post that making available to U.S. customers "regulated crypto derivatives will allow more people to access the cryptoeconomy in the United States in a safe way that helps keep the US at the center of digital innovation."

Shares of Coinbase were up about 2%, to nearly $81, at time of publication.

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