Catenaa, Wednesday, September 23, 2026- Coinbase has filed with US regulators to list perpetual futures linked to individual stocks, advancing plans to bring one of crypto trading’s most popular derivatives into the American equity market.
Coinbase Derivatives submitted the filing to the Commodity Futures Trading Commission on September 18.
The CFTC lists the proposed product as a single-stock future with approval still pending.
Coinbase plans to offer about 50 to 60 contracts covering companies including Apple, Microsoft, Tesla and Nvidia, according to The Wall Street Journal.
Trading could begin later this year if regulatory clearance is received.
The contracts would allow investors to gain leveraged exposure to stock-price movements without buying the underlying shares.
Unlike conventional futures, perpetual futures have no expiration date. Traders can maintain positions while meeting margin requirements and paying or receiving periodic funding charges.
Coinbase plans to make the products available 24 hours a day, five days a week.
Holding a single-stock perpetual would not give traders ownership rights associated with the underlying company, including voting rights or dividends.
The CFTC filing follows an earlier regulatory step taken by Coinbase this month.
On September 3, Chief Policy Officer Faryar Shirzad said the company had filed a notice registration with the Securities and Exchange Commission as it sought permission to offer equity perpetuals in the US.
At the time, Coinbase said CFTC approval would also be required.
Coinbase already offers stock perpetuals to eligible customers outside the US and has been expanding its regulated derivatives business domestically.
Earlier this year, the company received clearance to offer regulated crypto perpetual futures to US customers, bringing a product traditionally associated with offshore crypto exchanges into the domestic market.
The latest move comes as other trading platforms pursue similar products.
Crypto.com-backed Nadex has also begun regulatory work toward US single-stock perpetuals, while Kalshi has expanded perpetual futures beyond bitcoin into other markets.
Coinbase’s filing reflects a broader convergence between crypto trading structures and conventional finance.
Perpetual futures became popular in digital asset markets because they allow continuous leveraged exposure without contract expiry.
Applying the same structure to Apple, Tesla, Nvidia and other listed companies would extend that trading model directly into US equities.
The contracts cannot begin trading until the regulatory process is completed.
