Coinbase Buys FairX to Launch Crypto Derivatives

FairX is a relatively young futures platform, which launched its exchange in May 2021 after receiving regulatory approvals in late 2020. However, FairX has relationships with major brokerages including TD Ameritrade, E*Trade, ABN AMRO, Wedbush, Virtu Financial and a handful of others, which offered FairXโ€™s futures products or provided clearing services, according to the companyโ€™s announcement at the time.

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