Coinbase Brings 24/7 Stock Perpetuals to the US

Coinbase has filed two notices with the SEC to introduce single-stock perpetual futures for US investors. This strategic move aims to expand the company's existing crypto perpetual futures business into individual equities, offering 24/7 trading capabilities. The filings, submitted on September 1, involve two regulated arms, including Coinbase Derivatives via Form 1-N. According to the company's policy chief, the next critical step requires official approval from the CFTC to proceed with the offering.