Coinbase Seeks CFTC Approval for Stock Perpetual Futures

Coinbase has filed with the CFTC to launch cash-settled perpetual futures referencing individual U.S.-listed stocks and ETFs, according to a regulatory filing highlighted by CryptoTwitter commentator @WuBlockchain.

The move aims to expand Coinbase's offerings in the regulated U.S. market if approved, which could significantly impact the landscape of derivatives trading within the crypto ecosystem.

Coinbase currently provides equity perpetual futures to eligible non-U.S. users through its Coinbase Derivatives platform, but this filing seeks CFTC approval for these products in the U.S. market using Apple (AAPL) as a representative contract.