From Coinbase AMA - Building The Everything Exchange · · Coinbase
“We are committed to making perpetual trading available in the US, having launched CFTC-regulated futures, and we see significant growth opportunities in this area both domestically and internationally.”
On , Alesia Haas, Chief Financial Officer at Coinbase Global, spoke about perpetual trading during Coinbase AMA - Building The Everything Exchange on Coinbase.
During Coinbase's Q1 2026 earnings call on May 6, 2026, CFO Alesia Haas stated that the company is "transitioning to be an AI native company," citing an 80% year-over-year increase in pull requests per engineer as evidence of rising product velocity. Haas reported total operating expenses of $1.4 billion, down 5% quarter-over-quarter, with G&A declining 17% due to reductions in deal-related legal costs, customer support, and policy expenses. She also noted that Coinbase intends to retire its $1.3 billion 2026 convertible notes due June 1, unless the notes reach the defined conversion price. Haas discussed the potential impact of the Clarity Act, which she said would create opportunities for tokenization and provide clarity on commodity versus security classifications, exchanges, and custodians. She compared its passage to the Genius Act for stablecoins, which she said led to hundreds of large U.S. companies announcing stablecoin integrations. Haas expressed optimism that post-clarity legislation would unlock institutional capital and encourage companies to integrate crypto, with Coinbase positioned to provide services via its developer platform. She also highlighted the potential for stablecoin-based payments and AI agent commerce, referencing the launch of agentic.market as a collection of AI-enabled services.