Coinbase Applies to CFTC for Approval of Single-Stock Perpetual Futures in the US
(14 days ago) · 1 source · Summarized by CryptoBipto
Coinbase has filed with the Commodity Futures Trading Commission seeking approval to offer single-stock perpetual futures contracts in the United States. Perpetual futures are a type of derivative contract popular in crypto markets that have no expiration date. If approved, this would represent an expansion of perpetual futures into traditional equity markets under US regulatory oversight.
WHY IT MATTERS
Perpetual futures are a type of financial contract that lets traders bet on the price of an asset without ever having to take delivery of it, and unlike regular futures, they never expire. Think of it like placing an ongoing bet on a stock's price that you can close whenever you want. These contracts have been hugely popular in crypto trading but have mostly existed outside the US due to regulatory hurdles. Coinbase is now asking US regulators for permission to offer these contracts on individual stocks, which would be a notable crossover between crypto-style trading tools and the traditional stock market. For newcomers, this is an example of how ideas born in the crypto world are starting to influence how traditional financial products might work.
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