Crypto
Coinbase Seeks Approval for Single Stock Perpetual Futures in the US
Coinbase has filed for a public listing of single stock perpetual futures in the US, marking a major step towards enabling investors to have exposure to individual stocks 24/7.
This move will allow Coinbase to deliver liquid and continuous exposure to individual stocks during non-traditional trading hours, connecting equity and digital asset market structures.
The product is based on Coinbase's existing US perps service, which was first introduced by Coinbase Derivatives, its CFTC-regulated Designated Contract Market. The new filing brings this business model from cryptocurrency to the stock market.