On May 9th, according to the official blog, crypto exchange Coinbase announced that it has become the first compliance platform approved by the CFTC to provide 24/7 Bitcoin and Ethereum futures trading. The service was officially launched on May 9th. This innovation breaks the trading hours of the traditional derivatives market, allowing investors to trade contracts at any time (including weekends). The announcement revealed that the perpetual contract product is also in the pipeline, and will provide regulated perpetual contract services to US retail investors for the first time. The service is backed by clearing from Nodal Clear, market makers such as Virtu Financial guarantee liquidity, and is distributed through broker channels such as ABN AMRO and Wedbush Securities. Andy Sears, CEO of Coinbase financial marekt, said the change allows investors to manage risk at any time through the Coinbase Advanced platform.