Coinbase shares are trading higher following reports suggesting the company got NFA approval to offer crypto futures.
Portfolio Pulse from Benzinga Newsdesk
Coinbase shares are trading lower despite the company receiving approval from the National Futures Association (NFA) to offer crypto futures.
August 16, 2023 | 12:36 pm
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Coinbase shares are trading lower even after the company received NFA approval to offer crypto futures.
Despite the positive news of receiving NFA approval to offer crypto futures, which could potentially expand Coinbase's product offerings and revenue streams, the company's shares are trading lower. This could be due to market volatility or other factors not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100