Coinbase Global Inc. shares (COIN) jumped 10.14% to $192.70 from $174.96 as the exchange advanced plans for U.S. stock perpetual futures. That is the tape.
Coinbase confirmed it had filed SEC notice registrations for its derivatives exchange and brokerage operations. The filings are an initial regulatory step toward offering single-stock perpetual contracts to U.S. customers. They are not final approval.
What was filed
Coinbase submitted two notice registrations dated 1 September to the Securities and Exchange Commission.
| Filing |
Entity |
Role |
| Form 1-N |
Coinbase Derivatives |
Exchange seeking to list security futures products |
| Form BD-N |
Coinbase Financial Markets |
Limited-purpose security futures broker-dealer |
“We’re working to bring single-stock perps to the US,” Coinbase said, adding that it plans to work with both the SEC and CFTC.
Under the proposed structure, Coinbase Derivatives would operate the marketplace while Coinbase Financial Markets would provide regulated customer access.
Not a launch date
Single-stock futures fall under joint SEC and CFTC oversight. Coinbase Chief Policy Officer Faryar Shirzad said the filings are the first regulatory step toward bringing equity perpetuals onshore, with CFTC product approval next.
The notice registrations do not provide final approval for commercial trading. Coinbase has not disclosed a launch date, supported stocks, leverage limits, or trading hours on that stamp.
Coinbase already offers equity perpetuals internationally, including contracts linked to Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, plus SPY and QQQ. Settlement there is USDC. The company has not said the domestic structure will match.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.