Coinbase Applies to Launch Single-Stock Perpetual Contracts, Bridging U.S. Equities and the Crypto Ecosystem

TechFlow reports that on September 19, according to Cointelegraph, Coinbase has officially submitted an application to the Commodity Futures Trading Commission (CFTC) to launch single stock perpetual futures products for individual U.S. customers on its existing platform. This move aims to break through traditional financial barriers by leveraging the company’s existing compliant digital asset infrastructure to offer U.S. traders flexible trading mechanisms akin to those in the cryptocurrency market.

According to the filing documents, this novel derivative falls under perpetual contracts with no expiration date, enabling investors to take long or short positions without directly holding the underlying shares. Coinbase currently plans to list approximately 50 to 60 prominent tech stocks in its initial rollout, including popular names such as Apple, Microsoft, Tesla, and NVIDIA, to further expand its global derivatives operations.