Coinbase Derivatives is rolling out a groundbreaking new product, the Mag7 + Crypto Equity Index Futures, set to launch on September 22. This innovative futures contract provides exposure to both equities and digital assets in a single product. The index will track the Magnificent 7 U.S. tech stocks — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla — alongside BlackRock’s spot Bitcoin and Ether ETFs and Coinbase’s own shares. Each component is weighted equally at 10%, and contracts are structured as monthly, cash-settled futures. MarketVector, known for its thematic and digital asset indexes, serves as the official index provider, with quarterly rebalancing to maintain equal weightings. This marks a significant step towards a multi-asset trading environment for Coinbase.