Coinbase's Stock-Pegged Perpetuals May Spark Nvidia Frenzy

Nvidia shares may be in for some excitement on Sunday, as Coinbase prepares to bring stock-pegged perpetuals to the US market.

The move is seen as a significant development in the cryptocurrency space, with some experts expecting increased demand for these types of derivatives.

According to sources, Coinbase plans to introduce stock-pegged perpetuals that allow investors to bet on the future price of Nvidia shares without actually owning them. This type of instrument is expected to attract both retail and institutional investors alike.