Coinbase seeks SEC approval for stock perpetual futures

Coinbase Global filed for regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks. The application would introduce 24/7 leveraged trading for shares such as Apple, Microsoft, Tesla and Nvidia on a regulated domestic platform.

The exchange plans to list contracts tied to roughly 50 to 60 major equities. According to The Wall Street Journal, trading could begin later this year if regulators clear the products. Perpetual futures have no expiration date, which lets traders keep positions open indefinitely.

Coinbase Derivatives submitted a Form 1-N to the Securities and Exchange Commission earlier in September 2026. The filing registers the unit as a national securities exchange for security futures products. It follows an offshore rollout in March, when Coinbase introduced stock perpetual futures for eligible customers outside the United States.

The company also launched regulated crypto derivatives in Canada earlier this month, featuring 23 crypto futures across tokens like Bitcoin, Ether and Solana, along with contracts for gold, silver, oil and the COIN50 index. Regulators have broadened access as well. On 29 May, the Commodity Futures Trading Commission approved a bitcoin perpetual contract from Kalshi, which is also seeking to offer single-stock perps. Following the news on 18 September 2026, Coinbase shares traded at $188.17, up 8.16%.