Coinbase will launch its first batch of perpetual stock index futures on June 8.

CoinFeed reported on May 22 that Coinbase announced on its official blog that it will launch its first batch of perpetual stock index futures on June 8, offering four thematic contracts under the CFTC regulatory framework: AI10 Index, China 10 Index, Defense 10 Index, and Technology 100 Index. These contracts provide targeted thematic exposure, employ a perpetual structure, and use a funding rate mechanism to closely link futures prices to the underlying index. They can be traded 24/7 on regulated U.S. futures exchanges. As futures contracts, these products enjoy a 60/40 tax treatment. The AI10 Index tracks the top ten publicly listed AI companies in the U.S., requiring at least 50% of revenue to come from AI infrastructure, data, and applications. It is weighted by circulating market capitalization with a 15% weight cap and is rebalanced quarterly.