Coinbase Pursues US Single-Stock Perpetuals Amid Regulatory Uncertainty

Coinbase has filed notice registrations with the U.S. Securities and Exchange Commission for its derivatives exchange and broker, signaling an effort to bring single-stock perpetual contracts to the United States.

The company did not specify which stocks it wants to list or provide details on trading hours, collateral, funding, settlement, and liquidations.

Coinbase emphasized that the filings are procedural steps, not approvals, and that regulatory clearance remains uncertain. The company is collaborating with both the SEC and Commodity Futures Trading Commission.