According to CoinMeta, Coinbase ( COIN ) stocks have gained attention after obtaining a brokerage license from the Dubai Virtual Assets Regulatory Authority ( VARA ) in Deribit. This move connects the spot trading services of Deribit with the liquidity of the Coinbase exchange, providing Deribit customers with deeper market access and hundreds of additional assets. The license obtained by Deribit allows it to directly route spot buying and selling as well as trading orders to the Coinbase exchange for execution. According to Coinbase data, orders sent to the Coinbase exchange will have access to its centralized order book, which is expected to provide Deribit users with deeper liquidity and narrower price spreads. This upgraded service is aimed at retail, qualified, and institutional investors. The Coinbase stock is quoted at $150.80 in market data, representing a 0.31% increase.