The CFTC will review the request, and the agency may seek public comment or impose conditions before deciding. No timeline for a decision was provided in the original report. The outcome could affect whether similar products from Coinbase, Kalshi and Payward move forward.

Does this mean US investors can soon trade single-stock perpetual futures?

Not necessarily. The product requires CFTC approval, and no approval has been announced. Even if approved, access could depend on the final rules and which venues are authorized to offer the contracts. The report only describes the companies' efforts to seek approval.

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, joining Coinbase, Kalshi and Kraken parent Payward. The request highlights a broader push by crypto-native firms into regulated US equity derivatives.

Disclaimer: News content is based on public news sources and provided for information only. It does not constitute investment advice.

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

Cointelegraph·9/25/2026, 20:37:21· crypto

OG.com's Request and Corporate Background

OG.com, a business recently spun out of Crypto.com, is seeking approval from the Commodity Futures Trading Commission to offer single-stock perpetual futures. The request places OG.com alongside Coinbase, Kalshi and Payward, the parent company of Kraken, which are also pursuing approval for similar products. These firms are crypto-native or crypto-focused venues seeking to expand into derivatives tied to individual US stocks. The move is notable because it shows how companies with roots in digital-asset trading are attempting to enter a traditional equity-linked derivatives space under US regulation.

What Single-Stock Perpetual Futures Are

Perpetual futures are derivative contracts that do not carry a fixed expiration date. In crypto markets, they commonly use funding-rate payments to keep contract prices aligned with the underlying spot market. Traditional US futures and options on individual stocks generally have expiration dates, so a perpetual structure would represent a different contract design for US market participants. The product would be tied to individual companies rather than to an index or a basket of stocks. That distinction is central to how the contracts would function and how regulators might classify them.

Regulatory Overlap Between CFTC and SEC

The CFTC oversees commodity futures and swaps, while the SEC regulates securities markets. Single-stock perpetual futures reference individual US stocks, an area where those jurisdictions can overlap. Approval would require the CFTC to determine how such contracts fit within existing US derivatives rules. How the agency treats the product could affect not only OG.com but also Coinbase, Kalshi and Payward. The outcome may shape the boundary between crypto-style derivatives and traditional equity-linked products in the United States.

Competitive and Market-Structure Implications

OG.com's request comes alongside similar efforts by Coinbase, Kalshi and Payward, indicating that multiple venues see potential demand for perpetual futures on individual stocks. For US users, such products are not currently part of the standard regulated equity derivatives landscape. If approved, the contracts could offer a different way to take positions on individual companies, subject to CFTC rules. The collective push also suggests crypto-native firms are seeking to broaden their offerings beyond digital assets into traditional financial instruments. The timing and final terms remain subject to regulatory review.

CFTCperpetual futuressingle-stock derivativesCrypto.comUS regulation

Frequently asked questions

What is OG.com asking the CFTC to approve?▾

OG.com is seeking approval to offer single-stock perpetual futures, which are derivative contracts tied to individual US stocks without a fixed expiration date. The company was recently spun out of Crypto.com. If approved, the product would be offered under CFTC oversight.

Why are Coinbase, Kalshi and Payward mentioned?▾

They are also seeking approval to bring perpetual futures to individual US stocks, according to the report. Their involvement shows the request is part of a broader push by multiple firms. Payward is the parent company of the crypto exchange Kraken.

How do perpetual futures differ from standard US equity derivatives?▾

Perpetual futures do not expire, while most US futures and options on individual stocks have expiration dates. In crypto markets, perpetuals often use funding-rate payments to keep prices close to the underlying asset. Applying that model to individual stocks would be a new structure for US regulated markets.

What regulatory issues could arise?▾

Single-stock perpetual futures touch both derivatives and securities regulation, because the CFTC oversees futures and swaps while the SEC oversees securities. The CFTC would need to consider how the contracts fit existing rules, including margin, settlement and investor protection. The overlap could make the approval process complex.

Key takeaways

OG.com's Request and Corporate Background

What Single-Stock Perpetual Futures Are

Regulatory Overlap Between CFTC and SEC

Competitive and Market-Structure Implications

What to Watch in the CFTC Review

Common mistakes to avoid

Reacting to a single headline without reading the full context — one data point is rarely the whole story.
Treating rewritten news as a signal — it describes what happened, never what to do next.
Confusing AI-rewritten content with the original source — always verify important facts against the primary report.

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

OG.com's Request and Corporate Background

What Single-Stock Perpetual Futures Are

Regulatory Overlap Between CFTC and SEC

Competitive and Market-Structure Implications

Frequently asked questions

Key takeaways

Common mistakes to avoid

Related reading

OG.com's Request and Corporate Background

What Single-Stock Perpetual Futures Are

Regulatory Overlap Between CFTC and SEC

Competitive and Market-Structure Implications

Frequently asked questions

Key takeaways

Common mistakes to avoid

Related reading

What to Watch in the CFTC Review