Crypto.com's OG.com receives SEC approval to offer single-stock perpetual futures

Crypto.com's futures platform, OG.com, has received SEC approval for its Form 1-N registration, authorizing it to list single-stock perpetual futures in the US. The platform is coordinating with both the SEC and the CFTC to integrate crypto-style trading mechanisms into the US capital market. This move follows a trend of crypto exchanges expanding into traditional financial products, similar to initiatives by Coinbase, Kraken, and Robinhood.