Coinbase CEO Brian Armstrong announced the launch of 24/7 trading for U.S.-regulated gold and silver futures.
This move applies the continuous cryptocurrency trading model to traditionally time-limited precious metals markets.
Gold contracts on the Coinbase Derivatives Exchange feature a size of one troy ounce.
Silver contracts on the exchange feature a size of 50 ounces.
The launch advances the Everything Exchange strategy to bridge crypto and traditional finance.
Coinbase plans to share further updates on its platform vision on June 16.