Basri Caneri 
Coinbase International Exchange announced that it will list the Spx6900 (SPX) and Kaspa (KAS) coins in the perpetual futures category . These new futures contracts will be offered on Coinbase International Exchange and Coinbase Advanced platforms.
According to the company’s official statement, the SPX-PERP and KAS-PERP trading pairs will begin trading on February 20, 2025 after 12:30 p.m. (PT). This development is considered part of Coinbase’s expansion strategy in the global futures market.
Coinbase’s Strategy for Futures
Coinbase has recently taken steps to increase its presence in the international futures market. Perpetual futures are becoming an important option for many investors in terms of risk management and leveraged trading opportunities, as they offer more flexible trading opportunities compared to the spot market.
📌 New Listing Details:
- SPX-PERP (Spx6900 futures)
- KAS-PERP (Kaspa futures)
- Start Date: February 20, 2025, after 12:30 p.m. (PT)
This move is seen as part of Coinbase’s strategy to increase its competitiveness in the futures space and offer a wider range of products to its users. In particular, the growing institutional interest and rising demand for the futures market indicates that Coinbase may make more listings in this direction.
What is Kaspa (KAS)?
Kaspa (KAS) is an innovative Layer-1 blockchain network that minimizes block times and increases scalability. Kaspa uses the DAG (Directed Acyclic Graph) based GhostDAG protocol, breaking the classic blockchain structure. In this way, unlike Bitcoin and other traditional blockchains, blocks can run in parallel instead of competing with each other, thus increasing transaction speeds without compromising security. The biggest advantage of Kaspa is that it maintains a decentralized structure with faster confirmation times and high scalability.
What is SPX6900 (SPX)?
SPX6900 (SPX) is a digital asset linked to traditional financial markets and is used as a trading instrument for the broader index and futures markets. SPX is often considered a derivative asset that references the S&P 500 and similar major market indices. SPX-PERP offers leveraged trading opportunities for investors, allowing them to speculate and manage risk by taking advantage of price movements. It is a popular option for institutional investors and professional traders and is widely used in hedging strategies against market volatility.