Coinbase Seeks CFTC Approval for Stock Perpetual Futures

Coinbase has filed with the U.S. Commodity Futures Trading Commission to list perpetual futures tied to individual stocks, aiming to introduce crypto-style derivatives to the U.S. equity market. The proposal targets 50 to 60 stocks, including Apple, Microsoft, Tesla, and Nvidia, allowing 24/5 exposure without direct ownership. The filing follows a recent registration with the SEC to operate as a national securities exchange for security futures. These products are currently unavailable to U.S. traders and remain subject to regulatory approval.