Coinbase Derivatives will introduce a new equity index futures contract on September 22, combining exposure to leading U.S. technology stocks and cryptocurrency ETFs in a single product.

The Mag7 + Crypto Equity Index Futures will be the first U.S.-listed derivatives to blend traditional equities with digital assets, according to Coinbase. The move expands the exchange’s offerings beyond single-asset derivatives, providing investors with thematic exposure to innovation and growth sectors.

The index comprises ten components, each weighted at 10%, including the “Magnificent 7” tech giants—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—alongside Coinbase’s stock and two crypto ETFs: BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). MarketVector, known for its crypto and thematic indexes, will serve as the official index provider.

Contracts will be monthly and cash-settled, with each representing $1 multiplied by the index level. For instance, at an index value of $3,000, the notional value of one contract would be $3,000. The index will be rebalanced quarterly to maintain equal weighting across all components.

Coinbase positioned the product as a tool for managing multi-asset risk while gaining exposure to both Silicon Valley tech leaders and blockchain-native assets. “Equity index futures mark the next evolution of our product suite and pave the way for a new era of multi-asset derivatives,” the company said.

The launch responds to growing investor demand for crossover products bridging traditional finance and crypto markets. Initially available on partner platforms, Coinbase plans to expand access to retail users in the coming months.