Coinbase Files Notice Registrations With SEC to Offer Single-Stock Perpetual Futures
Coinbase filed notice registrations with the SEC to bring single-stock perpetual futures to US investors.
Why it matters
If approved, the filings would add another regulated derivatives product to Coinbase's US lineup, expanding retail access to single-stock perpetual futures — a product category that has grown popular in offshore crypto markets. The outcome depends on how regulators classify perpetual contracts under American law, with both the SEC and CFTC likely to be involved.
Key facts
Coinbase filed notice registrations with the SEC to offer single-stock perpetual futures to US investors.
Reported by CryptoPotato
Two filings were submitted on September 1, both shared by the company.
Reported by CryptoPotato
The first filing is a Form 1-N from Coinbase Derivatives, LLC.
Reported by CryptoPotato
The second filing is a Form BD-N from Coinbase Financial Markets, Inc., registering as a security futures product broker-dealer.
Reported by CryptoPotato
Coinbase plans to work with both the SEC and the CFTC to bring more major financial products onshore.
Reported by CryptoPotato
What happened
Coinbase announced it filed notice registrations with the US Securities and Exchange Commission to offer single-stock perpetual futures domestically, according to a post from the company's official account. The company shared images of two filings, both submitted on September 1. The first is a Form 1-N from Coinbase Derivatives, LLC, the entity through which the exchange already offers other futures products. The second is a Form BD-N from Coinbase Financial Markets, Inc., registering as a security futures product broker-dealer under Section 15(b)(11) of the Securities Exchange Act of 1934. CryptoPotato reported that Coinbase wrote it plans to work with both the SEC and the CFTC to bring more major financial products onshore. Neither filing guarantees the product launches on any set timeline, as notice registrations open the door for a broker or exchange to offer a given product while approval and any conditions attached remain with regulators.
How the story developed
- Update
Coinbase submitted two filings to the SEC
Form 1-N from Coinbase Derivatives, LLC and Form BD-N from Coinbase Financial Markets, Inc. were submitted.
- First report
First report by CryptoPotato
Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors
- Update
Coinbase announced the filings via official account
The company shared images of the filings and stated plans to bring single stock perps to the US.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| CryptoPotato Crypto media | Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors | Original |