Coinbase, Robinhood Gain in Premarket on Hopes for Looser Perpetual Futures Rules
Shares tied to U.S. cryptocurrency exchanges, **Coinbase** and **Robinhood**, were both gaining in premarket trading ahead of the open. **Coinbase** was trading at $139.26 in premarket, up 1.04% from the previous day, while **Robinhood** rose 1.45% to $85.06. Expectations for related stocks appeared to be building after the U.S. **Commodity Futures Trading Commission (CFTC)** for the first time allowed **perpetual futures trading** based on individual stocks as the underlying asset.
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