Coinbase Global's derivatives sales head, Usman Naeem, anticipates a significant influx of traditional financial institutions into the crypto derivatives market in the U.S. and Europe. This shift is expected to challenge Asia's current dominance, where over 75% of derivatives trading activity takes place. Naeem highlighted that regulated platforms like FairX and acquisitions such as Deribit are poised to attract asset managers interested in risk management strategies.
Naeem also addressed concerns about market volatility, noting that flash crashes are not exclusive to the crypto sector. He assured that the industry's infrastructure has effectively managed recent liquidations, with enhanced risk controls now implemented for perpetual contracts.
Coinbase Foresees TradFi Institutions Boosting Crypto Derivatives in U.S. and Europe
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