Coinbase Seeks SEC Approval for Single-Stock Perpetual Futures
Coinbase, one of the largest cryptocurrency trading platforms in the United States, is pushing to introduce single-stock perpetual futures on its platform. This would allow U.S. investors to engage in 24/7 leveraged trading without physically holding shares.
The company submitted an application to the Securities and Exchange Commission (SEC) this week, outlining plans to launch the product, which combines traditional securities with futures derivative structures.
Coinbase's move is part of a broader trend in the digital asset industry, where platforms are expanding into equities, stock indices, and other traditional financial products. The company has already begun offering single-stock perpetual futures to international clients and now seeks to bring this model further into the U.S. market.
The product would enable investors to bet on stock price movements through derivative contracts linked to stock prices, allowing for leverage and potentially amplifying both gains and losses. Unlike traditional futures, these products do not have a fixed expiration date, enabling investors to maintain positions indefinitely without contract rollovers.