Coinbase Seeks Approval to Bring Stock Perps to US
The contracts would let traders gain leveraged exposure to more than 50 stocks without owning shares, and they remain subject to regulatory approval.
- On Friday, Coinbase Derivatives filed with the Commodity Futures Trading Commission to list perpetual futures tied to more than 50 U.S. stocks, seeking regulatory approval for 24/5 trading on Nvidia, Microsoft, and Tesla.
- Unlike traditional stock ownership, these perpetual contracts function as derivatives that track price movements without requiring traders to hold the underlying shares, allowing positions under exchange margin rules.
- The 24/5 schedule provides traders access outside standard market hours, while leverage options allow customers to open positions larger than the capital posted as margin.
- Listing remains subject to the U.S. regulatory process without a confirmed launch date, though the filing follows a September 1 step by Coinbase Derivatives to register as a national securities exchange.
- Coinbase CEO Brian Armstrong has argued that tokenized stocks should carry rights tied to real securities; while the exchange offers similar perpetual futures to international customers, this filing targets American traders.
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The New York Ledger
BITRSSCoinbase files to bring single-stock perpetual futures to US market
Coinbase wants to bring 24/5 perpetual futures trading to individual US stocks, with its proposed contracts now awaiting regulatory approval. Coinbase has filed with the Commodity Futures Trading Commission to list single-stock perpetual futures in the United States, seeking to bring a derivatives product widely used in crypto markets to individual US equities. Read more […]
Coinbase seeks US approval for 50-plus single-stock perpetuals
Coinbase has filed to list perpetual futures tied to more than 50 major U.S. stocks, including Nvidia, Microsoft and Tesla, with 24/5 trading and no fixed expiration dates. Coinbase said in a Sep. 18 announcement that it had submitted the…
Coinbase, Kalshi and Kraken Race to Bring Stock Perpetuals to US Traders
Three crypto-focused financial groups have begun regulatory processes to offer single-stock perpetual futures in the United States, seeking to create a no-expiry alternative to the conventional stock futures recently launched by CME Group.London's trading industry is coming home!Coinbase Derivatives and Kalshi submitted applications dated September 18, while Kraken’s parent company, Payward, said it was filing the required rules and product term…
Key news points: Coinbase filed an application to list perpetual futures linked to between 50 and 60 large US shares, including Apple, Microsoft, Tesla and Nvidia. The contracts would operate 24/5, would not have a fixed maturity date and would offer leveraged exposure to the price without granting ownership, dividends or shareholder rights. The launch is still ... Read more
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