NewsCryptoCrypto.com's OG.com cleared by SEC to offer single-stock futures in the US

Crypto.com's OG.com cleared by SEC to offer single-stock futures in the US

Author: Cointelegraph·

Key Takeaways

  • The SEC acknowledged OG.com's Form 1-N filing, authorizing the crypto-affiliated venue to list single-stock futures in the US market as a registered national securities exchange.
  • Crypto.com co-founder and CEO Kris Marszalek announced the clearance on Thursday, three days after the exchange's legal entity, North American Derivatives Exchange, submitted its registration filing on Monday.
  • OG.com is working with both the SEC and the Commodity Futures Trading Commission to develop single-stock perpetual futures that combine digital asset market innovations with US capital markets, with no launch date yet specified.
  • Single-stock futures are derivative contracts tied to shares of individual publicly listed companies, while perpetual futures carry no expiration date, a structure popularized in crypto markets.
  • The clearance extends a wave of equities expansion across the crypto industry, including Kraken's reported partnership with the London Stock Exchange and Coinbase's March launch of stock perpetual futures for non-US traders.
Crypto.com's OG.com cleared by SEC to offer single-stock futures in the US

Crypto.com's sister derivatives exchange OG.com has been cleared by the US Securities and Exchange Commission (SEC) to offer single-stock futures to traders in the United States, according to Crypto.com co-founder and chief executive Kris Marszalek.

Marszalek announced the regulatory clearance in an X post published on Thursday, saying the exchange had received approval to list single-stock futures in the US (announcement).

The SEC has acknowledgedOG.com]()'s Form 1-N filing, authorizing the platform to offer single-stock futures in the US market. The exchange's legal entity, North American Derivatives Exchange, filed the Form 1-N with the securities regulator on Monday as part of its registration as a national securities exchange for trading futures products. Form 1-N is the registration form used by trading venues seeking to operate as national securities exchanges under SEC oversight — a status that places the crypto-affiliated venue squarely within SEC-regulated US markets. The announcement came three days after the filing was submitted.

Marszalek said the platform is working with the securities regulator and the Commodity Futures Trading Commission (CFTC) to offer single-stock perpetual futures that combine the "innovations of the digital asset markets with the US capital markets." The acknowledgement clears a significant regulatory hurdle for OG.com, allowing it to list the products on the US market. The announcement did not specify when US traders would be able to access the products, with Marszalek indicating that work with both regulators is ongoing.

Single-stock futures are derivative contracts tied to the shares of individual publicly listed companies. Perpetual futures, a contract format popularized in crypto markets, carry no expiration date. Pairing the two would bring a contract structure familiar to crypto traders to single-name equities in the US market, and the clearance positions OG.com as the latest platform seeking to bridge traditional finance and digital assets.

The development adds to a string of equities expansions across the crypto industry. In September, Kraken reportedly partnered with the London Stock Exchange to launch tokenized UK stocks with 24/5 availability on the stock market operator's night-time trading venue starting in 2027. Nasdaq has also reportedly invested $100 million in Kraken's parent company at a $21 billion valuation.

In March, cryptocurrency exchange Coinbase launched stock perpetual futures for non-US traders, following a February rollout that brought US users access to regulated crypto futures and 24/5 cash equities. OG.com's SEC clearance extends that industry-wide equities push to US-regulated single-stock products. The moves highlight increasing overlap between traditional equities markets and crypto trading venues.