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OG.com Seeks CFTC Approval for Single-Stock Perpetual Futures

OG.com, recently spun out of Crypto.com, is seeking CFTC approval to offer perpetual futures tied to individual US stocks. Coinbase, Kalshi and Kraken parent Payward are also pursuing approval for similar products.

Cointelegraph 28 unique views
OG.com Seeks CFTC Approval for Single-Stock Perpetual Futures

OG.com, a company recently spun out of Crypto.com, is seeking approval from the US Commodity Futures Trading Commission to offer perpetual futures linked to individual US stocks, according to Cointelegraph. The move places OG.com among several firms pursuing regulatory clearance for this type of product, including Coinbase, Kalshi and Payward, the parent company of Kraken. Perpetual futures are derivatives designed to remain open without a fixed expiration date, although the source material does not provide details on the specific stocks, contract terms or timing of any potential launch. The application highlights continued efforts by crypto and digital-asset platforms to expand into products tied to traditional financial markets. CFTC approval would be required before OG.com could introduce the proposed contracts in the United States.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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