On May 9, according to the official blog, crypto exchange Coinbase announced that it has become the first compliant platform approved by the CFTC to provide 24/7 bitcoin and Ethereum futures trading. The service was officially launched on May 9. This innovation breaks the trading hours limit in the traditional derivatives market, allowing investors to trade contracts at any time (including weekends). The announcement revealed that perpetual contract products are also under preparation and will provide regulated perpetual contract services to U.S. retail investors for the first time. The service is supported by Nodal Clear, market makers such as Virtu Financial ensure liquidity, and is distributed through broker channels such as ABN AMRO and Wedbush Securities. Andy Sears, CEO of Coinbase Financial Markets, said the change allows investors to manage risk at any time through the Coinbase Advanced platform.