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Coinbase Invests in ProShares' Stablecoin Reserve Asset ETF 'IQMM'

2026/06/03 09:13 (Updated 2026/06/03 10:00)
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Written by L.Kikutani
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Coinbase Invests in ProShares' Stablecoin Reserve Asset ETF 'IQMM'

Investing in Reserve Asset Infrastructure

Investing in Reserve Asset Infrastructure

On June 2, the U.S. cryptocurrency exchange Coinbase officially announced its investment in the 'Genius Money Market ETF (Ticker: IQMM)' managed by ProShares.

IQMM is designed to meet the reserve asset requirements set by the U.S. stablecoin regulation, the Genius Act, marking it as the world's first such ETF...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.