{
  "version": 1,
  "event_id": "evt_8f55e540cdbddc8b",
  "url": "https://xiyu.news/events/evt_8f55e540cdbddc8b/",
  "json": "https://xiyu.news/api/events/evt_8f55e540cdbddc8b.json",
  "type": "market_structure",
  "status": "monitoring",
  "category": "crypto",
  "title": {
    "zh": "Coinbase将股票永续合约带上美国岸，预示24/7股票交易时代？",
    "en": "Coinbase Takes Stock Perps Onshore: Is 24/7 Stock Trading Coming to the U.S.? - Coin Edition"
  },
  "current_state": {
    "zh": "据报道，Coinbase正将其股票永续合约产品引入美国境内，此举可能为美国交易者提供全天候的股票敞口。这标志着美国市场可能向24/7股票交易转变，与加密货币市场的惯例接轨。\n\n股票永续合约允许交易者在不持有股票的情况下获得杠杆化股票敞口，将其引入美国境内可能扩大零售投资者使用此类先进交易工具的机会。此举也凸显了传统股票市场与加密原生衍生品基础设施日趋融合的趋势，可能促使传统交易所加快创新。\n\n股票永续合约跟踪股票价格但不转移股票所有权，并通过资金费率机制使合约价格锚定现货市场。此类工具在加密平台上几乎全天候交易，但有关Coinbase该产品在美推出的具体监管审批或时间表，报道中并未提及。",
    "en": "Coinbase is bringing stock perpetual futures onshore, potentially signaling a step toward 24/7 stock trading in the U.S."
  },
  "first_seen_at": "2026-09-04T16:32:07.680706+00:00",
  "last_updated_at": "2026-09-04T16:32:07.680706+00:00",
  "last_material_change_at": "2026-09-04T16:32:07.680706+00:00",
  "confidence": 0.75,
  "updates_count": 1,
  "sources_count": 1,
  "entities": [
    "coin",
    "coinbase",
    "coming",
    "edition",
    "onshore",
    "perps",
    "stock",
    "takes",
    "trading"
  ],
  "identifiers": [],
  "topics": [
    "24-7-trading",
    "coinbase",
    "stock-perpetuals",
    "us-markets"
  ],
  "updates": [
    {
      "update_id": "upd_75af813e3aeff8b4",
      "event_id": "evt_8f55e540cdbddc8b",
      "occurred_at": "2026-09-04T11:36:05Z",
      "published_at": "2026-09-04T11:36:05Z",
      "first_seen_at": "2026-09-04T16:32:07.680706Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "Coinbase将股票永续合约带上美国岸，预示24/7股票交易时代？",
      "title_en": "Coinbase Takes Stock Perps Onshore: Is 24/7 Stock Trading Coming to the U.S.? - Coin Edition",
      "what_changed_zh": "据报道，Coinbase正将其股票永续合约产品引入美国境内，此举可能为美国交易者提供全天候的股票敞口。这标志着美国市场可能向24/7股票交易转变，与加密货币市场的惯例接轨。\n\n股票永续合约允许交易者在不持有股票的情况下获得杠杆化股票敞口，将其引入美国境内可能扩大零售投资者使用此类先进交易工具的机会。此举也凸显了传统股票市场与加密原生衍生品基础设施日趋融合的趋势，可能促使传统交易所加快创新。\n\n股票永续合约跟踪股票价格但不转移股票所有权，并通过资金费率机制使合约价格锚定现货市场。此类工具在加密平台上几乎全天候交易，但有关Coinbase该产品在美推出的具体监管审批或时间表，报道中并未提及。",
      "what_changed_en": "Coinbase is bringing stock perpetual futures onshore, potentially signaling a step toward 24/7 stock trading in the U.S.",
      "current_state_zh": "据报道，Coinbase正将其股票永续合约产品引入美国境内，此举可能为美国交易者提供全天候的股票敞口。这标志着美国市场可能向24/7股票交易转变，与加密货币市场的惯例接轨。\n\n股票永续合约允许交易者在不持有股票的情况下获得杠杆化股票敞口，将其引入美国境内可能扩大零售投资者使用此类先进交易工具的机会。此举也凸显了传统股票市场与加密原生衍生品基础设施日趋融合的趋势，可能促使传统交易所加快创新。\n\n股票永续合约跟踪股票价格但不转移股票所有权，并通过资金费率机制使合约价格锚定现货市场。此类工具在加密平台上几乎全天候交易，但有关Coinbase该产品在美推出的具体监管审批或时间表，报道中并未提及。",
      "current_state_en": "Coinbase is bringing stock perpetual futures onshore, potentially signaling a step toward 24/7 stock trading in the U.S.",
      "detailed_summary_zh": "Coinbase is bringing stock perpetual futures onshore, potentially signaling a step toward 24/7 stock trading in the U.S.",
      "detailed_summary_en": "Coinbase is bringing stock perpetual futures onshore, potentially signaling a step toward 24/7 stock trading in the U.S.",
      "background_zh": "永续合约是一种没有到期日的金融衍生品，其价值来自标的资产，而传统交割期货则在固定日期到期。加密货币交易所已将其普及为7x24小时杠杆交易工具，如今以股票命名的永续合约允许交易者在类似加密的交易环境中对股票进行投机。市场追踪机构目前对超过25家加密交易所的股票、ETF、指数及大宗商品永续合约按价格、资金费率、未平仓量和成交量进行排名。",
      "background_en": "Perpetual futures are financial instruments derived from an underlying asset with no settlement date, unlike delivery futures that expire on a fixed date. Crypto exchanges have popularized them for 24/7 leveraged trading, and stock-named perpetuals now allow traders to speculate on equities in a crypto-style environment. Market trackers rank stock, ETF, index, and commodity perpetuals across more than 25 crypto exchanges by price, funding rate, open interest, and volume.",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "对加密市场而言，主要传导渠道在于交易所竞争力和产品融合：Coinbase拓展股票永续合约可能提升其衍生品平台的活跃度，但不会直接改变加密资产供应或价格。更广泛地说，此举凸显了股票与加密衍生品的融合趋势，若监管层面给出更明确的定调，可能影响投资者情绪以及资金在两类资产之间的流向。",
      "market_impact_en": "For crypto markets, the main transmission is through exchange competitiveness and product convergence: Coinbase expanding into stock perpetuals could boost activity on its derivatives platform, though it does not directly change crypto supply or pricing. More broadly, the move underscores the blending of equities and crypto derivatives, and any regulatory clarity could shift sentiment and trading flows across both asset classes.",
      "importance_score": 7.0,
      "references": [
        {
          "url": "https://perpequities.com/",
          "title": "Stock Perpetual Futures Markets"
        },
        {
          "url": "https://www.bitget.fit/academy/how-to-buy-us-stocks-through-crypto-platform",
          "title": "How to Buy US Stocks Through a Crypto Platform (2026 Guide)"
        },
        {
          "url": "https://b2broker.com/news/what-are-the-perpetual-futures-how-do-they-work/",
          "title": "What Are the Perpetual Futures & How do They Work?"
        }
      ],
      "confidence": 0.75,
      "story_ids": [
        "google_news:article:84f42aaa5dfc9c5b"
      ],
      "sources": [
        {
          "url": "https://news.google.com/rss/articles/CBMioAFBVV95cUxPT0ZIOVNaN3U3YlRTOUtKU1J0emN1Vy1nZ3ltbDdhRm9QdDY1ZlpQc3NCcUJUUVgtR3hrTWFDMmk2dFNVcERpaVpaWVUtRGRVUFFsNjZkQ2UxMThtVVZTcl9MaVFoVEp3RmRpU0hYdVBLMVhDQVlxVlJzdktKazBucDMwZkcxN0ljdVJKeEZHTlhkS2ZPeWNfUjhZWkxET0Jk?oc=5",
          "label": "Coin Edition",
          "source_type": "google_news",
          "official": false
        }
      ]
    }
  ]
}