Coinbase Files for SEC Approval to Offer Equity Perpetuals
Coinbase has submitted registration documents with the U.S. Securities and Exchange Commission (SEC) seeking approval to offer equity perpetuals, a type of derivative contract that tracks underlying assets without an expiration date. The move was announced by Coinbase's Chief Policy Officer Faryar Shirzad in a social media post on Thursday. If approved, this product would provide U.S. investors with access to regulated equity perpetual contracts and expand the exchange’s offerings beyond crypto derivatives into traditional financial markets. Coinbase previously received approval from the Commodity Futures Trading Commission (CFTC) for perpetual crypto futures earlier this year. Kalshi, a prediction market platform also approved by the CFTC, has similarly filed for permission to offer equity index perpetuals, signaling growing competition in derivative trading.
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