Coinbase Shares Extend Losses as It Expands Into New Metal Futures

Coinbase’s stock extended losses on Tuesday, even as the crypto exchange rolled out copper and platinum futures trading in its latest bid to diversify beyond digital assets that have hammered investor confidence.

The company announced Tuesday that traders can now access copper and platinum futures on its platform, joining previously available gold and silver contracts.

Coinbase shares fell 1.24% to as low as $208 in intraday trading, the stock’s lowest point since May of last year, before clawing back…