Crypto.com registers with SEC for single-stock futures, plans US stock perps

Crypto.com CEO Kris Marszalek announced that OG.com, its sibling exchange, has received authorization from the U.S. Securities and Exchange Commission (SEC) to offer single-stock perpetual futures in the United States. The SEC acknowledged OG.com's 1-N filing, which authorizes the platform to provide these products on the US market.

Marszalek expressed that the company is collaborating with the relevant securities regulator and the Commodity Futures Trading Commission (CFTC) to introduce single-stock perps, effectively merging the innovations of digital asset markets with the US capital markets. The regulatory clearance is a significant milestone for OG.com, enabling it to list the products on the US market.

Additionally, other cryptocurrency platforms have also ventured into offering equities products. For instance, in September, Kraken collaborated with the London Stock Exchange to introduce tokenized UK stocks with 24/5 availability, scheduled to launch on the stock market operator's night-time trading venue in 2027. In March, Coinbase expanded its offerings by initiating stock perpetual futures for non-US traders, following its previous launch of regulated crypto futures and 24/5 cash equities in the US in February.

Notably, Nasdaq has recently invested $100 million in Kraken's parent company, valuing it at $21 billion.