Crypto.com Clears Regulatory Hurdles to Launch Single-Stock Futures in US

Crypto.com has made significant progress in its derivatives expansion plans as it secured regulatory approval to offer single-stock futures in the US.

The company's CEO, Kris Marszalek, revealed that the North American Derivatives Exchange (Nadex) had acknowledged a Form 1-N filing, which paved the way for Crypto.com to bring single-stock futures to the market through its CFTC-regulated prediction market platform, OG.com.

OG.com is a standalone prediction market launched by Crypto.com in February, and this regulatory approval marks a major milestone for the company's derivatives expansion plans.