Approved for Self-Clearing, Coinbase Obtains CFTC Derivatives Clearing Organization Status

Odaily News: The CFTC has approved Coinbase as a derivatives clearing organization, covering fully collateralized futures, futures options, and swaps. With this approval, Coinbase can self-clear relevant derivatives without third-party involvement; the approval does not certify any specific market, particularly not prediction markets.

The futures collaboration announced by Coinbase and Nodal Clear in June 2025, which was intended to launch USDC-collateralized futures, is expected to materialize. The CFTC did not disclose the underlying asset scope of the relevant derivatives or the categories of swaps eligible for clearing.