Coinbase Files To Bring Single-Stock Perpetual Futures To US Market
Coinbase Financial Markets has filed with the CFTC to list single-stock perpetual futures for Apple, Tesla, and Nvidia under the Part 40 product-certification process. These are not yet live; filing comes before any U.S. launch or approval. The contracts would bring a crypto-style perpetual futures structure into regulated U.S. markets, allowing leveraged long or short exposure to individual stocks without owning the shares or using a fixed expiration date. That raises regulatory issues around margin, settlement, market integrity, and how derivatives prices relate to underlying equities. The move fits Coinbase’s broader push to build regulated domestic derivatives infrastructure instead of copying offshore crypto products. If approved, the offering could be expanded to more equities over time.
