Coinbase launched its international exchange on the island nation of Bermuda on Tuesday, less than two weeks after the U.S.-based, publicly traded company obtained regulatory approval from the Bermuda Monetary Authority.
In a blog post published Tuesday morning, the cryptocurrency exchange said that its offshore entity—Coinbase International Exchange—will allow non-U.S. customers to trade in perpetual futures, or financial assets pegged to predicted future prices of commodities. For now, it will only focus on Bitcoin and Ethereum products, a person familiar with the matter told Fortune.
