Traders set to make binary bets on Coinbase, Robinhood, MARA KPIs
The SEC has approved binary options tied to company key performance indicators, and traders will soon be able to place yes-or-no bets on specific corporate targets — including Coinbase's trading volume, Robinhood's customer count and revenue, and MARA's bitcoin production — rather than stock prices, per CoinDesk's Crypto Daybook Americas.
- Coinbase, MARA and Robinhood are the first named issuers under the framework, expanding the range of KPI-linked products in U.S. markets.
- No details were disclosed on contract structure or exact launch timing beyond the upcoming availability of the bets.
Sources
- Check it out: https://t.co/GcDpnSx8YI Replying to their earlier post: Traders will soon be able to make yes-or-no bets on company targets, including Coinbase’s trading volume, Robinhood’s customer count and revenue, and MARA’s bitcoin production. Get the full picture i…x.com ↗
- Traders will soon be able to make yes-or-no bets on company targets, including Coinbase’s trading volume, Robinhood’s customer count and revenue, and MARA’s bitcoin production. Get the full picture in Crypto Daybook Americas, CoinDesk’s daily markets briefing presented by https://t.co/0qheAtEDlex.com ↗
- NEW: The SEC approves binary options on company KPIs for @Coinbase, @MARA and @RobinhoodApp, letting investors bet on metrics like trading volume, $BTC mined and revenue rather than stock prices. https://t.co/DIF7wyEVoEx.com ↗
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