Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives

“Coinbase has kind of been left out, and a lot of that has to do with the fact that they’re U.S.-based,” Alex Tapscott, managing director of Ninepoint Partners’ digital assets group and one of Canada’s largest independent asset managers, told CoinDesk in an interview. “All of these other exchanges have reaped huge financial rewards” from derivative-related products, Tapscott said.