Crypto.com Subsidiary Nadex Gains SEC Registration for Single-Stock Futures

The U.S. SEC has accepted the registration filing from Nadex, a North American derivatives exchange owned by Crypto.com, to offer single-stock futures. As these products involve securities as underlying assets but function as futures contracts, they fall under the regulatory oversight of both the SEC and the CFTC. Coinbase has also reportedly filed for similar single-stock perpetual futures.