Coinbase will launch the first batch of perpetual stock index futures on June 8th

According to the official blog, Coinbase announced that it will launch the first batch of perpetual stock index futures on June 8th, including the AI10 Index, China 10 Index, Defense 10 Index, and Technology 100 Index. These contracts operate under the CFTC regulatory framework, using a funding rate mechanism to link futures prices to underlying indices, and can be traded 24/7 on regulated futures exchanges in the United States. The AI10 Index tracks the top ten AI companies in the United States, requiring at least 50% of their revenue to come from AI related businesses, weighted based on circulating market value with a 15% weight cap, and adjusted quarterly.