What Happened
New Platform Brings Futures Trading To Space Commodities
Space Markets, a new platform for trading futures in space commodities, has emerged from stealth with an investment from Coinbase Ventures. The company plans to build its platform on Coinbase’s Ethereum Layer-2 network and expects to conduct its first live trade within three months. Space Markets aims to provide a market for trading commodities like satellite bandwidth, launch capacity, and EO data, which could help the space industry manage risk and liquidity. This development was first reported by Payload Space.