OG.com Gets SEC Nod for Single-Stock Futures in US Market
OG.com has received authorization from the US Securities and Exchange Commission (SEC) to offer single-stock futures in the US. Kris Marszalek, co-founder and CEO of Crypto.com, made the announcement on its sister futures exchange's X post that received regulatory approval to list single-stock futures in the US.
The US Securities and Exchange Commission (SEC) has acknowledged OG.com’s 1-N filing, authorizing the platform to offer single-stock futures in the US. Marszalek said they are working with the securities regulator and the Commodity Futures Trading Commission (CFTC) to offer single-stock perps that combine the “innovations of the digital asset markets with the US capital markets.”
This clears a significant regulatory hurdle for the platform, allowing it to list these products on the US market. OG.com’s legal entity, North American Derivatives Exchange, filed the Form 1-N with the SEC on Monday to register as a national securities exchange for trading futures products.