OG.com Files for CFTC Approval to Offer Single-Stock Perpetual Futures

OG.com, a derivatives platform spun off from Crypto.com, has submitted a rule application to the U.S. Commodity Futures Trading Commission (CFTC) to list perpetual futures on individual U.S. stocks. This move makes it the fourth entity to seek such approval, following Coinbase, Kalshi, and Kraken's parent company, Payward. The proposed products would allow 24/5 trading of single-stock exposure without expiration dates, potentially competing with traditional retail brokerages like Robinhood. The application comes as regulators continue to navigate the oversight of crypto-native derivatives despite the recent stall of the CLARITY Act.